Moscovici rules out primary surplus break

Moscovici rules out primary surplus break

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European Commissioner for Finance Pierre Moscovici on Monday poured cold water on Athens’s hopes for lower primary surplus targets up to 2018, making it clear during his visit to Athens that everything (the bailout review, debt talks and International Monetary Fund participation) must be concluded by Christmas, and arguing that the inclusion of the IMF in the country’s third bailout is in everyone’s best interest.

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