Select a language
The German government is against the idea of debt relief for Greece and denied that there is a need to modify the bailout programme, a spokesperson for the German Finance Ministry said on August 11, recalling the Eurogroup’s agreement, in 2012, that a new bailout package would be possible once the current plan was completed.
Greece will have to restructure its debt as of 2014 and will need a new bailout package, according to several experts interviewed by German daily Die Welt. This forecast is bolstered by internal Bundesbank documents recently revealed by German weekly Der Spiegel.
Do you like our work?
Help multilingual European journalism to thrive, without ads or paywalls. Your one-off or regular support will keep our newsroom independent. Thank you!
