Europe ready to tackle Greek debt relief

During the second congress of the Syriza party last week, Greek prime minister Alexis Tsipras set debt relief issue as the top priority for the government, seeking to reach a compromise with creditors by the end of the year.

The decision to address Greece’s unsustainable debt was taken during last May’s Eurogroup, with the European Stability Mechanism elaborating short-term and mid-term measures that could be submitted in December’s Eurogroup.

The European Commission, through pr...