Schaeuble: Greece can be competitive once it makes reforms

5 December 2016
524 Views

Greece can have a competitive economy once it makes reforms agreed with its eurozone creditors, German Finance Minister Wolfgang Schaeuble said on Monday.

Asked if it was realistic to demand that Greece should have a primary budget surplus for a decade beyond 2018 as some creditors have proposed, Schaeuble replied:

“I think for Greece it is realistic that they should carry out reforms to make themselves competitive. It’s about that, nothing more…. For Greece it is a long, hard road.”

You may be interested

How Productive is an Hour of Work (where is Greece)? (infographic)
GREECE
shares15 views
GREECE
shares15 views

How Productive is an Hour of Work (where is Greece)? (infographic)

Panos - Jun 17, 2021

Figures from the OECD reveal the countries in which the average hour of work contributes the most to GDP. As…

Biden’s blunder as he confuses Putin with Trump (video)
WORLD
shares22 views
WORLD
shares22 views

Biden’s blunder as he confuses Putin with Trump (video)

Panos - Jun 17, 2021

The American president Joe Biden’s blunder after the meeting with his Russian counterpart, Vladimir Putin, in Geneva has gone viral. It…

How the Hellenic Navy tricked a Turkish corvette trying to stop a live fire exercise (photos)
DEFENCE
shares27 views
DEFENCE
shares27 views

How the Hellenic Navy tricked a Turkish corvette trying to stop a live fire exercise (photos)

Panos - Jun 17, 2021

The Turkish corvette Baykoz, which had departed from the Aksaz Turkish Navy Base opposite of Rhodes and was sailing west…

Leave a Comment

Your email address will not be published.