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
- Schinas visits Dadia forest to address black vulture conservation efforts after the devastating fires of 2023
- Tourism Minister Kefalogianni meets new Japanese Ambassador Koichi Ito
- Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
- Hatzidakis in Washington for IMF and World Bank meetings
- Erdoğan flies off the bat: "Israel surpassed Hitler, it is a state of terrorists"
Latest from E.Tsiliopoulos
- Schinas visits Dadia forest to address black vulture conservation efforts after the devastating fires of 2023
- Tourism Minister Kefalogianni meets new Japanese Ambassador Koichi Ito
- Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
- Turks flock to Greek islands after vis-on-arrival process
- Hatzidakis in Washington for IMF and World Bank meetings