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moscovici calls on imf to temper its stance towards greece

moscovici calls on imf to temper its stance towards greece Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



moscovici calls on imf to temper its stance towards greece

the eu’s economy and finance commissioner, pierre moscovici, appears to be keeping his distance from the imf’s calls for a combination of pension cuts and a lowering of the tax-free income level, as well as from the fund’s demands for a 3.5 percent primary surplus. the fund also opposes government measures to counter-balance the cuts that will further devastate greek householdsmoscovici encouraged everyone, including the imf, to work on the basis of the actual data, and maintained that the imf should get on board the greek programme with a realistic approach, which will be to the benefit of all, including greece.the commissioner said it is time to turn a page and that everyone should work morning, noon, and night toward a brighter fu...