German press – Former Greek PM Simitis says Greece will need another debt restructuring

Author: Eamonn Sheridan | Category: News

In an interview with German newspaper Handelsblatt published on Saturday, Simitis said that since Greek public debt would be at 124 percent of GDP in 2020, another restructuring would be needed.

If the market pays attention to the comments of an ex-PM, this is unlikely to be viewed as Euro positive.


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