Commission chief: Greece has met its targets, no need for new aid

Greece is very close to achieving its targets, returning better-than-expected economic results, European Commission President Jean-Claude Juncker told journalists from the German media group Funke on Sunday. There was no issue of a new aid package and definitely not of the country’s exit from the Eurozone, while Monday’s Eurogroup will focus on how Greece’s debt can be made sustainable, he stressed.

At this time we are at the stage of the first review of the programme and the targets have almost been achieved,” Juncker added, noting that there would be a “first discussion” on how to make the Greek debt sustainable on Monday and ruling out a third aid programme.

He disclosed the Commission expected a return to growth in the second half of 2016: “With the programme that Greece began last summer, it acquired the foundation for a return to permanent and stable economic growth,” while adding that Greece’s exit from the Euro was not an acceptable choice in the previous year “and is obviously not one today“.

The Funke group includes the newspapers Westdeutsche Allgemeine Zeitung, Berliner Morgenpost, Hamburger Abendblatt, Westfalische Rundschau and others.

Source:ANA-MPA

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

 

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