Economy of the European Union

Lagarde, Merkel to meet in Washington on May 2 for talks on eurozone, Greece

International Monetary Fund chief Christine Lagarde is to meet with German Chancellor Angela Merkel on May 2 in Washington for talks expected to focus on the broader economic situation in the eurozone in general and to touch on the Greek economy and on the prospects for a launch of talks on lightening Greece's debt burden.

Eurostat to confirm the size of 2013 primary surplus

By Sotiris Nikas

Eurostat is expected on Wednesday to ratify the 2013 primary budget surplus, which will serve as the trigger for the further lightening of the Greek debt. The announcement will be the focus of Thursday’s Euro Working Group along with the presentation of a new growth plan for the Greek economy aimed at changing conditions in the country.

Greece lines up tax cuts

Greece is set to ask its eurozone partners when the Eurogroup meets on May 5 for permission to gradually reduce corporation tax rates as part of a wider plan to generate growth in Greece, Kathimerini understands.

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