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Re: naturalborninvestor post# 17138

Sunday, 03/05/2017 6:32:06 AM

Sunday, March 05, 2017 6:32:06 AM

Post# of 19165
In the event of an agreement, Greece intends to place government bonds again on the financial markets for the first time in 2017. "We are striving for a temporary return to the capital market, " said Vice-President Yannis Dragasakis to the SPIEGEL . "This could happen again this year when the second review is finished quickly and Greece is back into the ECB's borrowing program." When the third aid package expires in the summer of 2018, the country will again be economically independent.

Central bank chief Yannis Stournaras proposed on Saturday at an economic conference in Delphi that the target of an annual primary surplus of 3.5 percent should only apply until 2020. After that, two percent should be sufficient. Thus, Greece could try to boost growth through lower tax rates. According to information from the SPIEGEL, Greek representatives have already presented this proposal to the French Ministry of Finance - and Berlin is also to show openly.

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