Z. Gabriel: We must help Greece to reduce the weight of its debt
German Chancellor Sigmar Gabriel said today that finance ministers of the eurozone must start talks on easing Greek debt, warning that further austerity measures will crush the first signs of the recent economic recovery.
"We must help the country to reduce the burden of debt," said Gabriel in a speech in Berlin, adding that the Greek economy is finally growing again and this should not stifle the additional austerity measures.
"That's why; Therefore, it should finally be a step in today's meeting of the Eurogroup in Brussels in order to move towards a situation where Greece should not fight each year to obtain new loans to repay old loans, "said Gabriel.
German Chancellor Sigmar Gabriel said today that finance ministers of the eurozone must start talks on easing Greek debt, warning that further austerity measures will crush the first signs of the recent economic recovery.
"We must help the country to reduce the burden of debt," said Gabriel in a speech in Berlin, adding that the Greek economy is finally growing again and this should not stifle the additional austerity measures.
"That's why; Therefore, it should finally be a step in today's meeting of the Eurogroup in Brussels in order to move towards a situation where Greece should not fight each year to obtain new loans to repay old loans, "said Gabriel.
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