Greek PM says bailout review can be concluded without legislating new measures

Greek PM says bailout review can be concluded without legislating new measures

by Joseph Anthony
106 views
Greek Prime Minister Alexis Tsipras: ‘exit from the programme in mid-2018 is visible’

Greece will conclude the second review of its bailout progress without legislating new austerity measures beyond 2018, when the aid programme ends, the countryโ€™s prime minister said on Wednesday.

โ€œThe exit from the programme in mid-2018 is visible,โ€ Alexis Tsipras told parliament. โ€œThe bailout review will be concluded, and it will be concluded without legislating additional measures for beyond the end of the programme.โ€

Athens wants a fast conclusion of the review to be included in the European Central Bankโ€™s bond buying programme, which would pave the way for its return to bond markets.

But the review has stalled due to differences among its official creditors โ€“ European Union institutions and the International Monetary Fund โ€“ over the countryโ€™s ability to meet fiscal targets beyond 2018.

You may also like

Leave a Comment

Chijos News is an independent online publication that provides readers with the latest breaking Nigerian news, world news, entertainment, sports, business, and many more.

@2024 – Chijosnews.com. All Rights Reserved.

-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00