The International Monetary Fund (IMF) agrees with the opinion expressed by Christine Lagarde in the European Parliament concerning the need to review the high primary surplus targets for Greece, IMF spokesperson Gerry Rice said on Thursday, according to ANA.
The IMF “has always supported” that the 3.5 pct of the primary surplus target for Greece was “ambitious,” Rice said, and consistently said that the high primary surplus targets act as a drag on Greece’s recovery. In the past, he added, “we have supported the need for a lower fiscal balance,” noting that the IMF’s position on the issue was “clear”.
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