German FinMin spox confirms ESM proposals on short-term Greek debt relief

Friday, 02 December 2016 13:44
UPD:13:46
INTIME NEWS/© European Union
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A German Finance Ministry spokesman on Friday confirmed a WSJ report this week reporting a European Stability Mechanism (ESM) document citing various short-term measures for Greek debt relief, mostly measures repeatedly cited in the past.

Dennis Kolberg was quoted by the state-run news agency in Greece as first referring to a Eurogroup agreement from last May, in the wake of a conclusion of a first review of the Greek program (third bailout) at the time.

Kolberg confirmed that a measure to fix low interest rates for a portion of outstanding debt is included, in response to a question on whether Berlin agrees with the set of short-term debt relief measures. 

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