The German Finance Ministry on Thursday said that no debt relief measures are being prepared for Greece, in answer to a report by Handelsblatt business daily, Reuters says.
The German newspaper reported that Greeces creditors (the European Stability Mechanism, European Commission, European Central Bank and International Monetary Fund) are drafting a document with a series of measures to ease the countrys debt. The document would be presented to euro zone finance ministers for discussion.
However, Germanys Finance Ministry e-mailed a statement to Reuters saying that, No debt relief is being prepared because Greece needs to implement the reforms it agreed to in order for its debt to become sustainable.
The statement further said that …
Read the full article at: http://greece.greekreporter.com/2017/05/05/germany-says-no-debt-relief-for-greece-before-reforms-are-implemented/