The head of the European Commission Jean-Claude Juncker commented that Greece does not need any contingency measures, but rather time and to take ownership of the measures.
In an interview published in MNI and Euro2day.gr, Mr. Juncker stated that European Commission will not support a plan for contingency measures and will only examine such a prospect provided all parties are in agreement and close cooperation with the Greek government.
Although Mr. Juncker admits that the distance with the IMF must be bridged, so that the Fund continues to be involved in the Greek bailout program, he stressed that satisfying the IMF at all costs is not an end in itself. Mr. Juncker appeared confident that the Eurostat figures to be published on Thursday will justify the Commission.
The European Commission President calculated that it was not wise to set any deadlines for the bailout review and stressed that anyone who dares to bring back the scenario of a ‘Grexit’ is playing with fire.
Regarding the talks on debt, Mr. Juncker disclosed that they must soon begin and noted that it is a political issue. He also ruled out the prospect of a nominal haircut and added that the possibility of an automatic reprofiling will depend on the agreement that is reached.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
