Breakingviews on Twitter
Search League Tables

Monday, 20 October 2014

Greece's fiscal rectitude isn't all good news

Overcutting

Athens is meeting and beating fiscal targets for the first time since 2010. This is mainly due to deep spending cuts. The successful adjustment will be seen as an encouraging sign by foreign lenders. But austerity is threatening the economy and the state’s revenue base.



This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)