FinMin: Greece to raise debt restructuring issue at Eurogroup meeting
Greece will raise the issue of beginning a discussion on the restructuring of Greek debt at the next Eurogroup meeting scheduled for May 5, Finance Minister Yannis Stournaras said on Monday.
Addressing Greek-Chinese Business Conference, organized by the Economics University of Athens and the Institute for Economic and Industrial Research, Stournaras said that "Eurostat's announcement paved the way for a discussion over a restructuring of Greek debt, based on an agreement reached with our partners. The Greek government will raise the issue at the next Eurogroup to begin a discussion on the issue," the Greek FinMin said, adding that "Greece was eliminating a triangle of deficits (fiscal, productive, competitiveness) and supported the knowledge triangle (education, research, innovation)" according to ana-mpa
"The Economic Adjustment Program is bringing positive results. The road map of the Greek economy will be proper fiscal management and healthy growth initiatives focusing on a new export-orientated and sustainable growth model," Stournaras noted. He underlined that the Greek economy has significant comparative advantages unexploited so far, excellent potential and therefore offered business opportunities both in the medium-term and in the long-term.
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