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Europe Daily Bulletin No. 12007

24 April 2018
ECONOMY - FINANCE - BUSINESS / Greece
Moscovici calls for 'semi-automatic' mechanism to relieve Greek debt on basis of growth
Washington, 23/04/2018 (Agence Europe)

The European Commissioner for Economic and Financial Affairs, Pierre Moscovici, considers that the spring meetings of the IMF and the World Bank have put rumours of an extension of the third Greek bailout plan to bed once and for all. He calls for a semi-automatic mechanism that will make possible, from mid-August 2018 (when the aid plan ends), to assure the viability of the Greek debt whilst at the same time relieving it, on the basis of the level of growth recorded in Greece (interview by...

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