Stournaras Denies Asmussen Assertion of Major Greek Fiscal Gap

Greek Finance Minister Yannis Stournaras rejected an allegation by European Central Bank Executive Board member Joerg Asmussen that Greece faces a “significant fiscal gap” next year, saying the country is on course to post a budget surplus excluding interest payments.

“There is no significant fiscal gap,” Stournaras told reporters today in Luxembourg after a meeting of euro-area finance ministers. “We do have fiscal challenges -- always.”