Displaying items by tag: debt relief

The government continuously requests debt relief for Greece, government vice-president Yiannis Dragasakis said on Tuesday, speaking at the conference of the Greek Tourism Confederation (SETE). 

Greece needs debt relief because it will not regain access to markets in 2018 unless its public debt is considered sustainable, Bank of Greece governor Yannis Stournaras said on Monday, addressing the annual conference of the Greek Tourism Confederation. Greece should achieve growth rates of 2.7 pct of GDP in 2017, provided the second review of the Greek programme was concluded swiftly.

During “The Economist” conference yesterday, the IMF representative criticized once again the mix of measures of the current program as well as the lack of substantial debt relief measures, reiterating the Fund’s view that the targets of the program are unlikely to be achieved.