German vice-chancellor urges debt relief for Greece


BERLIN: German Vice-Chancellor Sigmar Gabriel urged euro zone finance ministers to start talks on debt relief for Greece, saying it made no sense to crush the green shoots of economic recovery with further austerity measures.

The finance ministers of the euro zone’s 19 countries are due to meet in Brussels tomorrow to discuss Greece’s debt and a new set of contingency measures that Athens should adopt to ensure it will achieve agreed fiscal targets in 2018.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Eurozone , economy

Next In Business News

RHB completes five-year anti-corruption plan
Hextar Retail shareholder raises stake to 35.42%, triggering MGO
Gas Malaysia, PETRONAS Gas study pipeline link for Yan LNG terminal
Maybank among top winners at inaugural Bursa Malaysia IR Awards 2026
Butterfield FB upbeat on prospects ahead of ACE Market debut
Hengyuan Refining renews Shell Malaysia supply deal for 10 years
MN Holdings bags RM67.32mil TNB underground cable contract
Ringgit ends marginally lower against US dollar after strong US jobs data
KSL shareholders get SC exemption from mandatory takeover offer
CBH Engineering secures RM88.05mil data centre contract in Selangor

Others Also Read