Stournaras on the debt restructuring

Monday, May 29th, 2017
Last Update: 09:35

BoG Governor Stournaras in an article to Kathimerini said that the next Eurogroup must provide a solution on the Greek debt issue. Stournaras said that Greece has made its bit and its creditors have to assume their responsibilities.

Stournaras added that the proposals of Bank of Greeece for a mild debt restructuring are of vital importance for the country, while they have a small cost for the creditors.

BoG proposes various options including the extension by 8.5 years of the interest payments of the EFSF loans.

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