Regling: Debt relief for Greece necessary in the long term

14 June 2018
387 Views

Greece needs more debt relief, especially in the long term, ESM Managing Director Klaus Regling was quoted as saying this week, a statement that coincided with his visit to Athens.

He also repeated that new relief measures aimed at the future are necessary in order to make the country attractive for investments.

In an interview published by Portugal’s “Publico”, the head of the Eurozone’s rescue fund said a new intervention on the debt front isn’t as significant in the short term. However, he added that “at the long-term level there is an issue, because we want to render Greece attractive for investments… it’s important that we create an environment that is growth friendly, one that includes taxes that are not so high, and a good regulatory environment.”

You may be interested

JOKER results: 22/08/2019
GREECE
shares12 views
GREECE
shares12 views

JOKER results: 22/08/2019

Panos - Aug 22, 2019

The winning numbers from the JOKER draw are as follows:

Milos the best island in Europe: Travel + Leisure
GREECE
shares123 views
GREECE
shares123 views

Milos the best island in Europe: Travel + Leisure

Panos - Aug 22, 2019

The readers of the famous ”Travel + Leisure” magazine recently voted the Greek island of Milos as ”the best island…

Fidel Castro’s crocodile bites elderly man at party in Sweden
WORLD
shares46 views
WORLD
shares46 views

Fidel Castro’s crocodile bites elderly man at party in Sweden

Panos - Aug 22, 2019

A man in his mid-70s has been bitten at a party by a crocodile that once belonged to Fidel Castro.…

Leave a Comment

Your email address will not be published.