Greece could receive relief on its debt mountain within months as soon as creditors confirm that it is making good on promised economic reforms, Angela Merkel has said.
In an interview with German TV network ARD on Sunday (19 July), the German chancellor said that measures to cut Greece’s debts could soon be offered to Athens, although she ruled out a ‘classic haircut’ on debt.
"Greece has already been given relief. We had a voluntary haircut among the private creditors [in 2012] ...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.