Primary Surplus Greece

Specifically, the report underlines that the measures announced by the PM jeopardise primary surplus targets for 2019 and subsequent years.

The Commission projects a Greek growth rate of 2.2 percent both in 2019 (where the forecast is unchanged since the last report) and in 2020 (for which the projection has been adjusted slightly downward).

The discussions will begin by examining the so-called “[Louka] Katselis law”, which has until now protected debtors’ primary residences (with a strict ceiling on their levels of income and assets) from foreclosure and auction.