Friday, January 30, 2015

Merkel: Greece should not expect to write off the national debt – RBC

Merkel: Greece should not expect to write off the national debt – RBC

Greece once again reminded – it is time to pay the bills. To write off the public debt of the troubled eurozone countries there is no reason. German Chancellor Angela Merkel warned about this in an interview with German newspaper Hamburger Abendblatt.

She pointed out – the 10th year, banks and private lenders and so simple country billions. So it is necessary to continue the reforms and austerity measures to comply. Synchronously with Berlin on the Greeks presses Eurogroup. Yesterday, she rejected the idea of ​​the Athens Conference on Greek debt. Recently came to power leftists led by Alexis Tsipras require a revision of agreements with creditors – Greece owes them 330 billion euros. The new prime simultaneously promises not to declare a default. And requests to write off loans from the IMF, EU and ECB. And as a lever uses bargaining around the anti-Russian sanctions. This week Tsipras, in fact, took the side of Moscow. And forced the EU to postpone the introduction of new restrictive measures at least until the 9th of February.

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