Calamos Supports Greece
GreekReporter.comGreek NewsEconomySpiegel: Berlin is Ready for New 20-Billion-Euro Aid Package to Greece

Spiegel: Berlin is Ready for New 20-Billion-Euro Aid Package to Greece

Spiegel_GreeceThe German government denied a Spiegel report that the country is ready to give a 20-billion-euro aid to Greece, if the country honors its Memorandum commitments.
According to the German magazine, due to the current situation in Greece, with the Greek economy taking a down turn after SYRIZA’s victory, reduction on income and outflow of deposits from Greek banks, the German federal government considers to help Greece with a 20-billion-euro assistance package in order to avoid a financial breakdown.
However, German Finance Ministry sources contradicted Spiegel’s report and stressed that the German government not only is not considering providing help to Greece , but quite the opposite, is getting ready for a strict answer to Greek Finance Minister Giannis Varoufakis, following his statements.

See all the latest news from Greece and the world at Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!

Related Posts