Displaying items by tag: greek debt

The viability of the Greek debt and the financing gap for the years 2015-2016 will be discussed “from the summer onwards,” European Commission Vice-President Ollie Rehn said in an interview.

The Greek debt would be 25 billion euros lighter if the governments of Greece over the last few years had struck at the “mafia” that plunders the fuel sector.

In an interview with Germany's Der Spiegel magazine, Klaus Regling - who heads the European Stability Mechanism (ESM), Greece's largest creditor with 133 billion euros in 30-year loans already disbursed at an interest rate of 1.5 percent, is quoted as saying "there will be no debt restructuring."