Wednesday, January 21, 2015

Greece should pay its debt in full regardless of parliamentary election results — Jean-Claude Juncker

Greece should pay its debt in full, regardless of the outcome of the upcoming January parliamentary election, and continue with the negotiated reforms, Chairman of the European Commission (EC) Jean-Claude Juncker said on Monday.

“The new Greek government must take on the previous obligations, to stay the course of the reforms and be financially responsible,” said Juncker. “Europe will continue to support Greece but it is expected that Athens will stick to the promises made to its partners,” he added.

In turn, International Monetary Fund (IMF) Managing Director Christine Lagarde, commenting on the intention of the Greek opposition party, the Coalition of the Radical Left forces (SYRIZA) to write off some of the national debt, by saying that these attempts will “have an impact on trust” between the lender and the borrower .... http://itar-tass.com