Skip to content
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
Insolvency GuardianInsolvency Guardian
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact
1300 60 70 60
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact

Greece PM says EU sleepwalking toward cliff, wants debt relief by end 2016 – Reuters

By George Georgiopoulos
| ATHENS

Greece said on Sunday the EU was “sleepwalking towards a cliff” by sticking to austerity rules that created huge inequalities among members, and it expected a debt relief deal for itself to be honored by end-2016 so that its economy could recover.

Athens, facing a second bailout review entailing an unpopular loosening of labor laws in the autumn, is keen to show that painful tax rises and pension cuts as part of its 86-billion-euro bailout deal last year will bear fruit.

“Greece has kept its part of the agreement and expects the same from its partners. We are not simply seeking, we are demanding and expecting specific measures that will render debt sustainable as part …

Read the full article at: http://www.reuters.com/article/us-greece-economy-pm-idUSKCN1120NY

Category: Debt HelpBy Insolvency GuardianAugust 27, 2016

Post navigation

PreviousPrevious post:Greece PM says EU sleepwalking toward cliff, wants debt relief by end 2016 – ReutersNextNext post:Dominic Chappell to wind up company involved in BHS acquisition – The Guardian

Related Posts

Council tax debt rises to £9bn but here’s how you can get help
June 24, 2026
Michigan House Republicans : Post
June 24, 2026
‘A real difference’: how community hubs help local people fight rising living costs | Consumer affairs
June 24, 2026
Glossier secures US$45 million debt financing to support growth plans – Global Cosmetics News
June 24, 2026
Driving bans for those who refuse to repay benefit debts as new DWP powers come into force 
June 24, 2026
NSW budget winners and losers: commuters, gambling operators and shark control | New South Wales
June 24, 2026

Greece PM says EU sleepwalking toward cliff, wants debt relief by end 2016 – Reuters

By George Georgiopoulos
| ATHENS

Greece said on Sunday the EU was “sleepwalking towards a cliff” by sticking to austerity rules that created huge inequalities among members, and it expected a debt relief deal for itself to be honored by end-2016 so that its economy could recover.

Athens, facing a second bailout review entailing an unpopular loosening of labor laws in the autumn, is keen to show that painful tax rises and pension cuts as part of its 86-billion-euro bailout deal last year will bear fruit.

“Greece has kept its part of the agreement and expects the same from its partners. We are not simply seeking, we are demanding and expecting specific measures that will render debt sustainable as part …

Read the full article at: http://www.reuters.com/article/us-greece-economy-pm-idUSKCN1120NY?il=0

Category: Debt HelpBy Insolvency GuardianAugust 27, 2016

Post navigation

PreviousPrevious post:VFL stand-alone clubs set to make impact in finals series – The AgeNextNext post:Greece PM says EU sleepwalking toward cliff, wants debt relief by end 2016 – Reuters

Related Posts

Council tax debt rises to £9bn but here’s how you can get help
June 24, 2026
Michigan House Republicans : Post
June 24, 2026
‘A real difference’: how community hubs help local people fight rising living costs | Consumer affairs
June 24, 2026
Glossier secures US$45 million debt financing to support growth plans – Global Cosmetics News
June 24, 2026
Driving bans for those who refuse to repay benefit debts as new DWP powers come into force 
June 24, 2026
NSW budget winners and losers: commuters, gambling operators and shark control | New South Wales
June 24, 2026
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button