The euro zone turned its attention tentatively on Monday to helping Greece tackle its huge debt repayments, with a view to a deal on May 24, after Greek lawmakers passed unpopular pension and tax reforms one critic called “a tombstone for growth”.
The preliminary talks, which are likely to focus on ideas to cap Greek debt servicing costs at 15 percent of GDP or less, are going ahead despite opposition from fiscally hardline Germany, which does not believe any relief is needed.
“We will discuss when, if, under what conditions this could take place. This is the first discussion we will have on it, I don’t expect any definite conclusions,” said the chairman of euro zone finance ministers, Jeroen Dijsselbloem.
“We won’t do a debt …
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