Athens Needs no Loan if Dept Plan Changed
Yanis Varoufakis, Greece Finance Minister, said on Saturday that the country could manage without a new loan if its debt was restructured, Presstv reports.
According to Yanis Varoufakis the country can overcome with the problem without a new loan, but the debt needs to be restructured. Greece resumed talks with its international creditors last week in order to to make a deal to unlock 7.2 billion euros from bailout. According to the Finance Minister the country should not have joined common monetary system.
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- Greek Unemployment Rises to 23.4 Percent in August, Eurozone Highest Greece's unemployment rate has come down from record highs but remains more than double the euro zone's average of 10 percent in August.
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