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Greek FinMin welcomes EU’s guidance on continuing flexible fiscal policies

Greek FinMin welcomes EU's guidance on continuing flexible fiscal policiesThe Greek FinMin said that the Commission’s updated approach “follows the right choices that have been made since March 2020 on a Eurogroup and Ecofin level, with the active participation of our country”

The European Commission’s guidance, which includes giving the “green light” for the continuation of fiscal flexibility and the continuation of support measures for households and enterprises, fully coincides with the government’s priorities, Finance Minister Christos Staikouras said on Wednesday, ANA reports.

Commenting on the release of the EU Commission’s updated approach to fiscal policy report, Staikouras noted that “a continuation of fiscal flexibility – bearing in mind the country’s cash reserves margins – and the remaining framework of guidance offers the ability to expand, for as long as it takes, the support measures for households and enterprises with efficient, focused and socially fair measures, without leading us to a fiscal derailment”.

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