Schaeuble said must find option if Greece can’t cut pensions
German Finance Minister Wolfgang Schaeuble said on Wednesday alternatives must be found if Greece cannot deliver on pension reforms as Athens aims to complete a first review with its international lenders in April.
“If, for reasons that we know about, there is not much room for manouevre in pension reforms, then the three institutions must … together with the Greek government work on finding something else to do instead,” Schaeuble told reporters.
“The debate about debt sustainability is unfortunately a debate about something that is not urgent,” Schaeuble said, adding boosting competitiveness and implementing structural reforms were more pressing. (
You may be interested
Independent Panel says WHO and China failed to act fast in Covid-19 responsePanos - Jan 19, 2021
The World Health Organization and Beijing could have acted faster when Covid-19 first surfaced in China, a group investigating the…
Cavusoglu openly threatens Greece with war in front of German Foreign MinisterPanos - Jan 19, 2021
Greece and Turkey might have agreed to sit at the table for exploratory talks at the end of January, but…
Covid-19 Greece – 320 new cases and 15 deaths on MondayPanos - Jan 19, 2021
The Greek authorities announced 320 new cases of the new coronavirus infection (COVID-19) Monday, of which 15 were identified after…