Velculescu argues Greek debt unsustainable and relief necessary

22 June 2016
1202 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

Visit the Greek island in the 100 most impressive list in the world
GREECE
shares7 views
GREECE
shares7 views

Visit the Greek island in the 100 most impressive list in the world

Panos - Aug 05, 2021

Ios was recently included in the list of the most impressive islands in the world on the news site Insider.com.…

Mitsotakis: The critical infrastructures endured – The houses will be rebuilt
GREECE
shares6 views
GREECE
shares6 views

Mitsotakis: The critical infrastructures endured – The houses will be rebuilt

Panos - Aug 05, 2021

The Greek Prime Minister, Kyriakos Mitsotakis and the Deputy Minister of Civil Protection, Nikos Hardalias made statements after the extraordinary…

Ancient Olympia: The International Olympic Academy is safe for now – Battle with the fire resurgences (video)
GREECE
shares14 views
GREECE
shares14 views

Ancient Olympia: The International Olympic Academy is safe for now – Battle with the fire resurgences (video)

Panos - Aug 05, 2021

A new alarm for Ancient Olympia as, early in the morning, a new front emerged, heading towards the facilities of…

Leave a Comment

Your email address will not be published.