Economics

EU Creditors Warn Greece About Fiscal Risks Amid Market Rally

  • Markets remain sanguine, despite warnings about budget issues
  • Greek bonds, stocks rally, Piraeus mandates Tier 2 debt issue

Klaus Regling

Photographer: Jock Fistick/Bloomberg

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The chief of the euro area’s crisis fund reiterated warnings that Greece risks missing its budget targets, in comments highlighting the challenges facing the continent’s most indebted state ahead of next month’s snap elections.