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Mr. Moscovici to visit Athens tomorrow, meeting with the Greek PM and FinMin


EU Commissioner Pierre Moscovici will arrive in Athens on Wednesday in a lightning visit to try to unblock the current impasse in the Greek bailout program.

Note that at the presentation of the EC’s Winter Economic Forecast, Mr. Moscovici said that the EC is working towards the conclusion of the review based on correct data.
In a similar tone, EC’s VP Mr. Dombrovskis said that Greece is on track with the economic adjustment needed to secure the next tranche of its bailout, but the problem is that the IMF is coming with very pessimistic growth and fiscal forecasts and it is not correcting those forecasts based on facts and the actual outcomes.

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