Klaus Regling: Greece will be able to return to the markets

“I have no doubt that Greece will be able to return to the markets,” European Stability Mechanism (ESM) chief Klaus Regling said on Monday in an interview with the German newspaper Suddeutsche Zeitung, adding that the country will repay the loans it received from the ESM.

“The Greek economy has been completely restructured over the last eight years and during the three adjustment programmes. From 2016, Greece has recorded a small budget surplus. I do not doubt it will be able to return to the markets. And Greece will pay back our loans. This will take time. But the last repayment of the German debt, based on the London 1953 agreement, was made in 2010. No one noted it then – and that’s what I imagine will happen with Greece,” Regling said.

Source ANA-MPA
You might also like
Comments