Greece's strict fiscal targets will likely be relaxed in 2021 as well, minister says

The ongoing coronavirus pandemic has completely changed the economic landscape for Greece, as well as for the wider European Union.

Two police officers talk front of the Greek Parliament during the Coronavirus pandemic in Athens, Greece on April 24, 2020.Greece might be spared from having to hit strict fiscal targets related to previous bailouts in 2021, a government official told CNBC, given the ongoing health and economic crises.

Where relaxed equals thrown out the window

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