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E.Tsiliopoulos

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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.

No pressure for tight deadlines on Cyprus issue during Obama visit

Greece's steadfastly supports the abolition of the anachronistic regime of guarantees and the departure of Turkish troops from Cyprus, so that the solution given to the Cyprus problem is just and viable, Greek government spokesman Dimitris Tzanakopoulos said on the Cyprus television station RIK on Thursday.