Those, however, are the direct benefits. There are also indirect ones, deriving from the fact that developed financial markets make for more efficient macroeconomic policy. It is these that I will address here. Fiscal policy The aim of fiscal policy is to reduce the burden of government debt from its current 95 percent of GDP to 60 percent of GDP.
The recent speech by Prime Minister May in Florence gave hope for an acceptable agreement, but it is only a first step. 2. The Greek economy on a growth track The Greek economy is currently on a growth track. This was made possible thanks to the completion of the second review and its positive effect mainly on confidence and liquidity.