Edition: India  
 
> >

Greece debt relief deal 'doable' by year's end says EU's Moscovici

Duration: 01:11s - Published: < > Embed
News video: Greece debt relief deal 'doable' by year's end says EU's MoscoviciOn a rainy day in Athens, it was a message to warm the heart of the Greek government. Visiting European Commissioner for Economic Affairs Pierre Moscovici told a press conference on Tuesday that a deal on debt relief for the country is ‘doable’ by the end of the year. Moscovici is reviewing Greek efforts to implement labour and pension reforms required under the country’s third bailout – which he says will be the last. “We are not considering a fourth programme,” he told reporters at the EU’s offices in the Greek capital. “We are in the third programme and three is a lot. What we would like is that programme to be a success so that there is an exit from the programme. That is clearly our target.” Greece debt deal is ‘doable’ says top EU official https://t.co/77DDUaJ5js pic.twitter.com/96iYeidjEe— Yahoo Finance (@YahooFinance) 29 novembre 2016 With issues still to resolve, Monday’s meeting of Eurozone finance ministers may need to be followed up by an extraordinary session later in December. Our correspondent in Athens, Stamatis Giannisis, says that on Monday the Greek government is hoping to, at least, secure a political decision for negotiations to continue. The prospect, however, of further austerity cuts is Athens biggest fear, should two of Greece’s major lenders – the IMF and Berlin – strike a deal demanding more measures.

0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

Recent related news

Half of Germans against debt relief for Greece, survey shows

BERLIN (Reuters) - Around half of Germans are against granting debt relief to Greece and around three...
Reuters - World

EU officials call for swift deal on Greece to avert fresh uncertainty

European Union officials urged Greece and its lenders today to conclude a bailout review quickly to...
All India Radio - WorldAlso reported by •DNA


IMF participation on Greece contingent on reforms, debt relief -spokesman

The International Monetary Fund will only consider a financial contribution to the bailout program...
DNA - Money

China, US and Japan top borrowers as global official debt hits new record high

Worldwide sovereign debt is set to reach a new record high of US$44 trillion this year despite a...
S.China Morning Post - Business

UN report indicates Iran is honoring its end of nuke deal

VIENNA (AP) — The U.N. agency tasked with monitoring Iran’s nuclear deal with six world powers...
Seattle Times - Front Page


You Might Like

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2017 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter