Centeno: “We must start the discussion on Greek debt relief”

22 November 2016
797 Views

The European Union should discuss debt relief for Greece and potentially move ahead even without the International Monetary Fund, underlined Portugal’s Minister of Finance Mario Centeno in an interview published Tuesday by German newspaper Bild.

“We have to start this discussion” Centeno was quoted in the German newspaper. Euro zone finance ministers are due to discuss wide-ranging debt relief for Greece when they meet next month, however Germany’s Finance Minister Wolfgang Schäuble has opposed such measures, claiming they will weaken efforts to enact further reforms.

Centeno said the EU could proceed with debt relief for Greece, even the IMF does not participate. “The European currency union has very strong institutions in the meantime. We can deal with most problems on our own” he noted. Centeno also said that Europe’s Stability and Growth Pact should be reworked and replaced. The current debt rules have “a lot of room for improvement”.

You may be interested

Mitsotakis’ interview: The meeting with Erdogan will take place soon
GREECE
shares28 views
GREECE
shares28 views

Mitsotakis’ interview: The meeting with Erdogan will take place soon

makis - Apr 22, 2021

Prime Minister Kyriakos Mitsotakis gave a full interview to the TV channel “Alpha”, at a time when the news are…

Mitsotakis: Vaccination for those over 30 starts on Holy Week
GREECE
shares33 views
GREECE
shares33 views

Mitsotakis: Vaccination for those over 30 starts on Holy Week

makis - Apr 21, 2021

The Prime Minister Kyriakos Mitsotakis announced in his message on Wednesday afternoon the expansion of the vaccination program to the…

Microsoft to create 3D chatbots from dead people!
WORLD
shares91 views
WORLD
shares91 views

Microsoft to create 3D chatbots from dead people!

Panos - Apr 21, 2021

Microsoft has filed a patent that would allow the company to digitally revive deceased loved ones as chatbots, using the…

Leave a Comment

Your email address will not be published.