Tsakalotos: Government’s Aim is to Exit the Adjustment Program in 2018

Tsakalotos: Government’s Aim is to Exit the Adjustment Program in 2018

The government wants Greece to exit from the bailout programme in 2018 with a solution for its debt burden, Finance Minister Euclid Tsakalotos said on Monday, during a parliamentary committee debate on the prior actions agreed with the country’s lenders. 
“Our aim is to exit this program in 2018 […] to leave the extreme supervision and enter a different path. And for this other path we need a solution on debt so that it is sustainable, we need to tap the markets,” he said.
The minister said the government does not claim to have achieved a “success story”, as previous governments have in the past, noting there are “many things in the agreement that will sadden people” but there are also “things for which we can be pleased about”. 
“This is why we say the main battle is the fight against supervision,” he explained, adding that “there will be gray areas” even when the country completes its aid program.
He also rejected New Democracy’s claim that to implement the offsetting measures the country will need to overshoot its fiscal targets, saying that the government will simply have to meet these targets

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.