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EU sees weaker Greek GDP as a factor in setting new fiscal targets
EU sees weaker Greek GDP as a factor in setting new fiscal targets
Mike Paterson
Monday, 03/08/2015 | 10:22 GMT-0
03/08/2015 | 10:22 GMT-0
Comments out on Bloomberg from EU spokesperson Andreeva at the daily press conference
- EU Commissioner Moscovici said in a Greek newspaper that the economy has "deteriorated markedly compared to the beginning of the year and there is agreement that this needs to be taken into account when deciding on the fiscal targets"
- "fiscal targets and other economic and fiscal information is part of the talks that are ongoing right now in Greece because we need to reflect in the negotiations the latest economic and fiscal information available"
- offers no comment on Greek market developments
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