Greece In New Debt Deal Talks With Osborne

Written By Unknown on Senin, 02 Februari 2015 | 18.56

Greece's finance minister is due to meet British counterpart George Osborne, as Athens launches its drive to secure a new debt agreement.

Yanis Varoufakis is in London after holding talks in Paris, where he compared Greece to "drug addicts craving the next dose" of loan tranches.

Greece wants to end its existing arrangement with the European Union, the European Central Bank and International Monetary Fund "troika" when its aid deadline expires on 28 February.

Mr Varoufakis said it was time for his country to go "cold turkey".

"For the last five years, Greece has been living for the next loan tranche," he said.

"We have resembled drug addicts craving the next dose. What this government is all about is ending the addiction,"

Greece has begun to roll back on austerity measures imposed under its existing bailout deal and France says it will try to help the country's new government find a debt agreement.

French finance minister Michel Sapin ruled out cancelling the debt but said Athens was right to be concerned about the burden of its repayments.

"France is more than prepared to support Greece in this approach," he said.

"I am confident that Greece will be in a position to overcome the present challenges. I am confident that the Greek government will be in a position to produce indispensable reforms.

"Anything that can alleviate the Greek debt burden will be welcome... but of course there is no question of cancelling the Greek debt."

Mr Osborne said: "I welcome this opportunity, so soon after the Greek election, to discuss face to face with Yanis Varoufakis the stability of the European economy and how to boost its growth."

Prime Minister David Cameron initially responded to Syriza's rise to power by warning it would increase "economic uncertainty across Europe" but later offered the new leader UK help on tax collection.

Greek Prime Minister Alexis Tsipras wants to agree a bridging deal with the troika to gain breathing space.

He hopes a new deal can be negotiated to reduce Greece's unmanageable public debt burden of more than 175% of its economic output, or €320bn (£240m).


Anda sedang membaca artikel tentang

Greece In New Debt Deal Talks With Osborne

Dengan url

http://temannyakawanya.blogspot.com/2015/02/greece-in-new-debt-deal-talks-with.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Greece In New Debt Deal Talks With Osborne

namun jangan lupa untuk meletakkan link

Greece In New Debt Deal Talks With Osborne

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger