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Athens News Agency: News in English, 12-01-23

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Schauble: Greece must make progress on reforms

  • [01] Schauble: Greece must make progress on reforms

    BERLIN (AMNA - F. Karaviti) In statements to German state television ARD on Sunday, German Finance Minister Wolfgang Schauble stressed that Greece will have to make progress on fiscal adjustment in order for bailout plans to go ahead.

    "Greece is having difficulty implementing the reforms but it must make progress, otherwise the situation cannot be resolved," he underlined.

    He noted that Berlin was not prepared to increase the sums to be given to the European Stability Mechanism than those agreed at the European Council in December and that, for the time being, the agreements for the option to borrow 500 billion euro from the ESM applied.


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