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

What trends will be affecting the health sector in the coming years?

Deloitte identifies main cyber threats for power industry

Zenuity To Take Self Driving Car Road Test In Sweden With Permission

Researchers: Half of Facebook users is fake

Amazon’s Ring gets in a privacy scandal

Facebook Is Creating A Stablecoin For Its WhatsApp Users

IBM offers to use the first quantum computer

Passport Numbers Of 5 Million Customers Hacked: Concedes Marriott

China Lifts Approval Freeze On New Video Games Launch

Concentrated Solar Plant System To Dispatch Electricity To The Grid On Demand

World Politics

World & Politics

AirHelp expects up to 33 th of cancellations and flight delays per day all over the world in 2019

Far-right and Catalonia: New elections in Spain

Trump is losing rating because of shutdown

Hanoi, Vietnam Chosen As Place For 2nd Summit Between Trump And Kim Jong-Un

US, China to hold new negotiations in Beijing

Human Rights Not To Be Dissociated From Stability, Macron Tells Sisi

Brexit Hijack Is Not The Parliament’s Right

Macedonia ignites political crisis in Greece