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Tsakalotos: An issue of trust between Greece and Germany

In an interview to the Wall Street Journal, Greek Finance Minister Euclid Tsakalotos warned that Germany and the other lenders could miss a unique chance of ending the uncertainty in Greece’s struggling economy they refused to agree on a debt restructuring.

  • Published in Greece

BoG governor: Debt relief alone not enough to save Greece

Yiannis Stournaras believes a timely adjustment of Greece’s debt is necessary, and in a statement today advocated lowering the target for a primary surplus of 2% in order to reduce the tax burden, explaining that doing so would enhance Greece’s growth prospects and facilitate its entrance into the financial markets.

  • Published in Greece
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