Tuesday, April 29, 2014

Greece will raise the issue of beginning a discussion on the restructuring of Greek debt at the next Eurogroup meeting scheduled for May 5, Finance Minister Yannis Stournaras said yesterday (28.04).

Addressing the 3rd Hellenic-Chinese Business Conference, organized by the Athens University of Economics and Business and the Foundation for Economic & Industrial Research, Stournaras said that "Eurostat's announcement paved the way for a discussion over a restructuring of Greek debt, based on an agreement reached with our partners. The Greek government will raise the issue at the next Eurogroup to begin a discussion on the issue," Stournaras said, adding that "Greece was eliminating a triangle of deficits (fiscal, productive, competitiveness) and supported the knowledge triangle (education, research, innovation)."

The minister mentioned the COSCO investment in the port of Piraeus and the spectacular rise in traffic since that time. He further referred to a partnership protocol signed between Hellenic Republic Asset Development Fund and Invest in Greece with China Development Bank. The conference ended with the signing of a cooperation agreement for the promotion and strengthening of Greek-Chinese investment and trade relations.
See also: Conference Program