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No debt relief for Greece

Feb. 26, 2017 7:45 AM ETGlobal X MSCI Greece ETF (GREK)GREKBy: Yoel Minkoff, SA News Editor38 Comments
  • Greece must not be granted a "bail-in" that would involve creditors taking a loss on their loans, Germany's deputy finance minister declared, reiterating the government's opposition to debt relief and its differences with the IMF.
  • Jens Spahn argued that if such measures were given to Greece then why not other countries too? "Our Spanish friends, for example, say: 'Hang on - that wouldn't be fair: we carry out reforms and get no haircut and now you're talking about giving Greece one?!'"
  • ETFs: GREK

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