Velculescu argues Greek debt unsustainable and relief necessary

22 June 2016
207 Views

The IMF’s mission chief in Greece Delia Velculescu argued that the Greek debt is clearly unsustainable and that debt relief is necessary, in her appearance at the Economist conference in Athens.

According to Mrs. Velculescu, even if the Greek government fully implements the series of fiscal measures it has agreed to, the country’s debt will remain unsustainable. The IMF officer further noted that although the Fund is not a part of the agreement is is participating in the discussions.

You may be interested

Polish President in Greece for talks
GREECE
shares10 views
GREECE
shares10 views

Polish President in Greece for talks

Panos - Nov 20, 2017

Polish President Andrzej Duda on Monday starts official talks in Greece, which an official has said would focus on security,…

New electronic fare system put to test in 4 Metro stations
GREECE
shares12 views
GREECE
shares12 views

New electronic fare system put to test in 4 Metro stations

Panos - Nov 20, 2017

Only four of the 40 metro stations will be close their gates gradually in an effort to put the new…

Fofi Gennimata receives clear mandate with 56.66%
GREECE
shares11 views
GREECE
shares11 views

Fofi Gennimata receives clear mandate with 56.66%

Panos - Nov 20, 2017

Fofi Gennimata was voted as the leader of the new centre-left political party under formation, following the results of Sunday’s…

Leave a Comment

Your email address will not be published.