The President of the European Council Is Skeptical
The agreement between the Greece government and international creditors may not provide guarantees for the coming years, and a new EU summit can be held this summer, the president of the European Council Donald Tusk told in the interview with Le Monde, TASS reports.
"That agreement is not a guarantee for next years, but it helped to avoid the chaos and failure of Greece economy",- said Tusk.
He also commented on the invisible difficulties noting that there were no guarantees that the process will continue. Accordingly, he spoke of the possibility to held a new summit for Eurozone leaders this summer.
"The debts are a global problem. We need to discuss them and define as a European problem",-said Tusk.
The official added, that the relief of Greek debt must not be the core stone of the discussion not to scare the countries, that should help Greece.
Other materials on this subject
- Greece Emerges from Eurozone Bailout Programme The economy has grown slowly in recent years and is still 25% smaller than when the crisis began.
- Greece Can be Competitive Once Makes Reforms: Schaeuble Greece can have a competitive economy once it makes reforms agreed with its euro zone creditors, German Finance Minister Wolfgang Schaeuble said on Monday.
- 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.
- Eurogroup to Disburse 10.3 bln Euros to Greece The Eurogroup also recalled the medium-term primary surplus target for Greece at 3.5% of GDP as of 2018 and underlined the "importance of a fiscal trajectory consistent with the fiscal commitments under...
- 48-Hour Strike Began in Greece Public transport workers joined the strike. Today and on Saturday in the Greek capital metros, trolley buses and trams will not work.
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