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Athens Macedonian News Agency: News in English, 16-09-27
CONTENTS
[01] Moscovici hoping for Greek deal on debt, IMF by end year
[01] Moscovici hoping for Greek deal on debt, IMF by end year
BRUSSELS (ANA/ C. Vasilaki) European Commissioner for Economic and
Financial Affairs Pierre Moscovici on Tuesday said he was hoping for
deal on Greece that would include its debt and the participation of
the International Monetary Fund (IMF) in the Greek programme by the end
of the year. Speaking at Morning Exchange Live event organised by the
Brussels-based weekly "Politico", Moscovici also noted that 'Grexit'
was no longer on the cards after many years of work to avoid it.
"We want to build a success story with Greece," he said, while referring
to "good progress" in implementing prior actions.
A Greek exit would have turned the eurozone into a fixed rate regime,
Moscovici noted, and "history shows they don't survive."
The Commissioner also called for greater "intelligence and flexibility"
in applying the rules of the Stability and Growth Pact, which he said
needed to be simplified.
"We need to commit on the coherence of the pact. We can discuss
that. Simplify, yes. Destroy? Certainly not," he said.
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