'Talk to Greeks about debt relief '

'Talk to Greeks about debt relief '

World May 8, 2016 14:00

- The eurozone countries have to talk with Greece about debt relief. This is suggested by the German Vice Chancellor Sigmar Gabriel.

According to the number two of the German Government, it makes no sense to at the first signs of economic recovery in Greece to quell new austerity measures.

The minister of finance of the euro countries are again May 9 in Brussels. Discussed the Greek debt and a series of new measures which should make the Greeks to achieve certain economic objectives in 2018. But according to Gabriel is time to break the vicious circle of the past few years.,, Everyone knows that this debt relief will have to come at some point. It makes no sense to it repeatedly to shrink, '' said the Vice-Chancellor in a statement to Reuters.

Gabriel knows is supported among others by the International Monetary Fund, which has long insisted on debt relief for Athens. Gabriel and the IMF, however, find this argument every time the German Finance Minister Wolfang Schäuble on their way, who believes that a reduction of the Greek debt is not necessary.

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