Moscovici, Tsakalotos Agree on Need to Move Fast to Meet September Milestones

Moscovici, Tsakalotos Agree on Need to Move Fast to Meet September Milestones

Greece must not slacken the pace of reforms until all the milestones have been reached and all the prior actions completed, European Commissioner for Economic and Financial Affairs Pierre Moscovici insisted on Monday, in a joint press conference with Greek Finance Minister Euclid Tsakalotos following their meeting in Athens.
As for a Greek request to "relax" the primary surplus targets after 2019, currently set at 3.5 pct of GDP, Moscovici said he "did not want to have this discussion again" and that it had been raised during his meeting with Prime Minister Alexis Tsipras.
"We must put everything on the table during the negotiation that will take place in the autumn," he noted, while pointing out that the discussion on what was needed for the current programme to succeed had taken more than year.


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