The two critical junctures the Greek economy will face by month’s end

The Greek economy will bid farewell to May with two "tests" and the first is on May 21, when Moody's announces its verdict for the evaluation of Greece, followed by a litmus test on May 26, when the Commission is expected to publish its conclusions on economy and budget, after the completion of the 10th evaluation.

Although no surprises are expected from the rating agency, the messages it will send on Friday will offer an idea of where things are going, and will also affect the possible improvements in the prospects to maintain the positive climate of foreign circles concerning Greece, opening a window for the country to enter the markets again.

On the other hand, the revelations of the European Commission for the 10th evaluation of the country under Enhanced Surveillance - linked to a tranche of around 645 million euros - will be a sample of the fiscal policy intentions for the coming months, when the report will be discussed in the Eurogroup meeting in June.

The bar was placed by the Minister of Finance himself at the Economic Forum of Delphi, where according to Mr. Christos Staikouras in June the country will pass its 10th evaluation and if there is fiscal space then Greece will proceed with permanent reductions in taxes and insurance contributions.

The message from Brussels, as well as from government officials, focuses on the keywords "reform" and "development" in order to achieve the coveted recovery and to cement the key factors in the country's return to fiscal balance.

The Commission's report last week - in the context of the spring forecast - accelerates the Greek recovery since the Commission mentions the move of Athens to reduce social security contributions and the temporary abolition of the social solidarity tax for the...

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