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Tuesday, July 7, 2015

Japan Econ Min Amari Calls on Greece, EU to Agree Win-Win Situation

Japan’s Economics Minister Akira Amari said Greece and the European Union should work hard to strike a win-win deal that would keep Greece in the eurozone, according to Reuters news agency. “Greece and the EU should also take steps to limit the economic impact from the turmoil which has jolted financial markets,” Amari said. The minister spoke after Greek voters’ rejection of austerity measures. “Greece has already done a lot to restore fiscal discipline, such as cutting pensions and wages,” Amari told reporters.”I understand why the Greek people are venting their frustration. Fiscal consolidation is not making progress. They are in deflation. The world expects Greece and the EU to cooperate on a final bail out plan,” he added. (source: ana-mpa)


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