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Tuesday, June 16, 2015

Austrian chancellor wants debt break for Greece

Austrian Chancellor Werner Faymann renewed his call for hard-pressed Greece to be offered some deferral of debt repayments in an interview published on Tuesday, ahead of a visit to the country this week. While insisting Greece live up to its commitments under an international bailout programme, Social Democrat Faymann has taken a more sympathetic line than conservative Finance Minister Hans Joerg Schelling, seen as a German-style hawk. Oesterreich daily quoted Faymann as repeating his suggestion that Greece get a break on debt repayments for five years.


READ THE ORIGINAL POST AT uk.news.yahoo.com