Prime Minister Alexis Tsipras said “Europe must rise to the occasion” and grant Greece debt relief in a message to mark 63 years since the 1953 London Debt Agreement, posted in his personal Facebook account on Monday, AMNA reported.
“On this day, in August 8, 1953, a nearly six-month negotiation between Germany and its creditors was concluded, with the signing of the London Debt Agreement. The debt-ridden and war-torn Germany enjoys the ultimate move of solidarity in modern European history by having 60 percent of its foreign debt cancelled, its internal debts restructured and a trade surplus clause,” Tsipras said.
“The deal is implemented with Greece’s signature. Since SYRIZA was in the opposition, but also today as government, it has raised the issue of the Greek debt, having won significant ground with specific results reflected in Eurogroup’s decision on May 24.
Europe must rise to the occasion and turn its gaze to the future by signing a new social contract that will guarantee the prosperity of its peoples,” he added.
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