Fin Min Stournaras said more restructuring is possible if Greece can secure a primary surplus, but he won’t know until the end of the year.
“Another [restructuring] would be welcome. We will not say no to another haircut. We express our arguments but it does not depend on us,” he said, adding that both Greece and the International Monetary Fund have spoken in favor of a haircut but the proposal was not accepted.
The minister did stress, however, that the recent decision by the Eurogroup provides for a new reduction in the country’s debt if the Greek state manages to end this year with more revenues than expenses, excluding interest payments.
More... ekathimerini
