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This week the EU Commission proposed to extend a moratorium on EU fiscal rules until the end of 2023, but warned that this "does not mean a free for all," stressing it will not allow for any fiscal excesses. Especially for over indebted countries, such as Greece, the monitoring of expenditures will be stricter. This decision came as the Commission recommended Greece’s exit from its strict post-bailout monitoring by the bloc’s institutions in August. Yannis Palaiologos, Kathimerini’s Brussels correspondent, joins Thanos Davelis to look at what all this means for the EU and for Greece’s economy. Read Yannis Palaiologos’s coverage in Kathimerini: Fiscal prudence urged again Brussels keeps debt rules lifted, but recommends fiscal prudence Greece tells UN that Turkey is challenging its sovereignty Greece delivers letter to UN countering Turkish claims in the Aegean Turkey 'not bluffing' over Greek islands Turkey Warns Greece Over Aegean Island Forces as Spat Grows |