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Athens Macedonian News Agency: News in English, 16-05-11
CONTENTS
[01] Greek deal possible on May 24, says Schaeuble's spox
[01] Greek deal possible on May 24, says Schaeuble's spox
BERLIN (ANA-MPA/F. Karaviti) – It is possible to successfully conclude
talks between the institutions and Greece at the Eurogroup meeting on
May 24, provided pending legislative procedures have been completed
until then, said Martin Jäger, spokesman of the German Finance Minister
Wolfgang Schaeuble, during a press conference on Wednesday.
Concerning talks on Greece's debt and on the proposal put forward by Klaus
Regling, the head of the European Stability Mechanism (ESM), Jäger said
Eurogroup's decisions are not anything new, but simply clarify decisions
from the summit meeting last summer. "What was decided was that if in
2018, after the program concludes, and after possibly a necessary use of
the contingency mechanism, there's still a need to financially support
the Greek budget, then we can discuss measures concerning debt," he said.
The spokesman also said that the May 24 Eurogroup will not make any
specific measures on the country's debt, which would inevitably lead
to a change in the program. "We will highlight ways as to how, under
the aforementioned conditions, we could hold such a debate on debt in
the end, after 2018," Jäger said.
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