Athens News Agency: News in English, 05-12-18

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Finmin says deficit will be cut by controlling spending

[01] Finmin says deficit will be cut by controlling spending

Alogoskoufis, the primary architect of the government's economic policy and budget, noted that overspending at various other ministries will not be acceptable, while adding, however, that the government's central core is operating well.

He added that the government retains a lead over the main opposition PASOK party even though the former has entered its most difficult phase in its four-year mandate.

Moreover, Alogoskoufis said a recently passed bill on reform Greece's often sluggish and loss-making state-run utilities and enterprises will "absolutely be implemented".

He added that necessary reforms in the country should not be limited only to the economy, but should extend to the health, education and social state sectors.

Finally, Alogoskoufis said the closely watched target of reducing the budget deficit will be achieved via a tight grip on public spending.

The interview was published by the Sunday edition of "Eleftheros Typos".

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