Daily Management Review

Greece To Overcome ‘Debt Piles’ Without ‘Credit Line’ & ‘Extra Austerity’


04/26/2018


The EU investors and Greece are working closely to relieve the latter’s debt burden without backtracking its “reform”.



The Prime Minister of Greece, Alexis Tsipras said that his country is capable of exiting “its third bailout” without any support in the form of “precautionary credit line” request of adoption of “more austerity”.
 
The Prime Minister, Tsipras held a press conference in Athens jointly with the “EU Commission President Jean-Claude Juncker”. During the conference, the former addressed the press to inform that Greece does not have any intention of backtracking on “its reform”, as it is “on track” as far as its “fiscal targets” for “2018-20” is concerned.
 
According to Reuters’ report, Tsipras stated that the EU lenders are Athens are almost finalising a framework which could help in reducing Greece’s “huge debt pile”.
 
References:
reuters.com







Science & Technology

Tech giants face stricter government regulation in the US

Nestle's Head: Veggie meat is new megatrend

Huawei may introduce Android replacement in August

Are US high-tech investors causing brain drain in Europe?

'Russia's Google' Yandex Was Hacked By Western Intelligence For Spying: Reuters

Reuters: Chinese hackers were stealing data from IT giants for years

China's first solar power molten salt plant sets record

WSJ announces imminent start of Boeing 737 MAX flight tests

Study: Machine learning is five times more harmful for the environment than a car

Would Singapore Be The First One To Bring Lab Grown Shrimps To The Global Market?

World Politics

World & Politics

China launches anti-dumping investigation into U.S. propanol

France announces new tax for air fares

Europe Concerned Over Iran Move To Breach Uranium Enrichment Cap

Singapore To Build ‘$296 Million’ Smart Next-Gen Army Training Centre

No More Sales Of E-Cigarettes In San Francisco?

US ‘Hell-Bent On Hostile Acts’ Even After Trump-Kim Agreement, Says North Korea

Italy avoids EU sanctions for high national debt

Trump allocates 4.6 bln to help migrants