Austria's Fekter says Greece will get cost-free extension
Greece will get more time to repay its debts to international lenders
but will not get more money, Austrian Finance Minister Maria Fekter
said in a newspaper interview printed on Sunday.
Asked by the
Oesterreich newspaper if Athens would get a payment extension, she said:
«Yes. We are still awaiting the troika report and Greece still has to
get some things on track but we will achieve a cost-neutral extension."
She gave no further details.
Fekter
was referring to a report being compiled by the European Commission,
International Monetary Fund (IMF) and European Central Bank on how well
Athens is fulfilling terms on its international rescue package.
Fekter
had said at a meeting of EU finance ministers in Cyrpus last week that
Greece might be given more time to reach its fiscal targets but not more
money.
EU officials have told Reuters that Athens is way behind
on its debt-cutting programme but, having made strenuous efforts to
shore up Spain and Italy, it would make no sense to tip Greece into
default now and plunge the currency bloc back into chaos.
IMF
chief Christine Lagarde has said it was worth considering giving Greece
more time to make the cuts demanded of it by its bailout programme,
something Athens has requested.
International lenders are likely
to reach final decisions on the revised financing programme for Greece
in the second half of October, Greek Finance Minister Yannis Stournaras
said.
[Reuters] | 
Keine Kommentare:
Kommentar veröffentlichen