Dijsselbloem notes possibility of reducing primary surplus targets

17 November 2016
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The head of the Eurogroup Jeroen Dijsselbloem commented for the second time in ten days that there is a possibility of reducing the primary surplus targets of 3.5% GPD after 2018. This position, in conjunction with providing debt relief, is supported by the International Monetary Fund and opposed by the German government.

During a recent speech in London though the Eurogroup chief expressed his estimation that the current coalition government appears to be “very committed” to the bailout agreement and is “working much more constructively than previous governments”. The Dutch official also noted in his speech that there was “a degree of optimism”.

“In December, we will have to talk about short-term debt measures, there are some things we can do now and in the coming years a number of measures can be set up for the end of the program” the Eurogroup chief further noted.

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