“Path” for equipment and new emergency support measures against precision and the energy crisis the government seeks. From Eurogroup today and Summit meeting in a week for the crisis in Ukraine, until mid-June and the last steps for the exit of Greece from enhanced supervision, the government wants to constantly open space to announce a new one energy package for households and businesses. Athens is looking forward to continuation of flexible policies in 2023. The Minister of Finance is in Brussels today Christos Staikouras participates in the Eurogroup council, expecting significant positives and successes:
- the relevant recommendation from the Commission, as well as the Commission’s recommendations to the Member States in the context of the European Semester. Its extension “Escape clause” (of the fiscal freedom clause) for 2023 sounds like the prevailing scenario, in order to address the problems that arise in European economies due to the war in Ukraine.
- to be made public the 14th evaluation report of Greece in a regime of enhanced supervision which, in addition to praise to the country, is estimated to will pave the way for the Eurogroup to decide on June 16 the disbursement of the 744 million euro tranche from the holding of Greek bonds (SMP’s & ANFA’s) but also definitive exit of Greece from the enhanced surveillance regime -Even with prerequisites- at the end of August.
No matter how good these statements are for our country, within the next month, Greece can not go beyond the limits set by the markets in the huge Greek public debt. As everything shows, any extension of the “freedom clause” is not in the form we knew until now, as it seems that in 2023 it will return some form of fiscal monitoring and restrictions, for countries with higher debt.
Read in detail at newmoney.gr
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