Euro zone ministers to start Greek debt reprofiling talks -officials

Click For Larger Image & Read More
Euro zone ministers to start Greek debt...
 © BusinessMail 2020
By Jan Strupczewski

Euro zone finance ministers will start talks on Monday on how to reprofile Greek debt to make future servicing costs manageable, despite opposition from Germany which does not believe any relief is needed, euro zone officials said.

But fiscal reforms including measures passed earlier on Monday by Greek lawmakers will not by themselves unlock new disbursements from the country’s bailout fund, officials added.

The International Monetary Fund believes Athens must get debt relief for its economy to develop and wants the...


Read all latest: Cyprus Coronavirus News Updates - Live

This article was automatically added to our system 9-5-2016

Euro zone ministers to start Greek debt reprofiling talks -officials


The contents of this article including any associated images are © BusinessMail 2020
Views & opinions expressed in this article are those of the author and/or BusinessMail .

Advertise Here

  Trending Cyprus News

Advertise Here

Article Tags: ministers, start, greek, reprofiling, talks, officials,