Bundesbank: Additional measures for Greek debt relief 'not necessary'
- Written by E.Tsiliopoulos
In echoing the German government's standing position that debt relief measures in the current phase are not necessary for thrice bailed out Greece, the Bundesbank said high fiscal targets - i.e. surpluses of 3.1 percent of GDP - are, in fact, an additional debt forgiveness measure.
A relevant report by German's powerful central bank said Greece remains in an ESM program until August 2018, while evaluations of Athens' fiscal performance must be judged based on the targets of the bailout program, and not just European fiscal regulations
Tagged under
Related items
-
New cancer-prevention program will be named after Fofi Gennimata
-
October 28 - Anniversary of "No", a day of remembrance and national pride
-
Fofi Gennimata, KINAL leader, laid to rest at First Cemetery of Athens
-
PM Mitsotakis meets Chinese FM Wang Yi, discusses bilateral relations with China
-
Joint Statement – At the Conclusion of the Prime Minister of the Hellenic Republic’s visit to Saudi Arabia
Latest from E.Tsiliopoulos
- New cancer-prevention program will be named after Fofi Gennimata
- October 28 - Anniversary of "No", a day of remembrance and national pride
- Fofi Gennimata, KINAL leader, laid to rest at First Cemetery of Athens
- PM Mitsotakis meets Chinese FM Wang Yi, discusses bilateral relations with China
- Joint Statement – At the Conclusion of the Prime Minister of the Hellenic Republic’s visit to Saudi Arabia