Vice President Biden underscored the need for Europe to follow through on its commitment to put Greece's debt on a sustainable path through debt relief.
Office of the Vice President, April 04, 2016
“I remain firmly of the view that Greece’s debt has become unsustainable and that
Greece cannot restore debt sustainability solely through actions on its own.”
“It’s not a demand of the federal government to have no debt haircut but rather in our opinion this is legally not possible in the eurozone,”
Merkel said.
Merkel said.
Speaking after a six-hour meeting of eurozone finance ministers in Brussels, Christine Lagarde, the IMF managing director, said:
“I remain firmly of the view that Greece’s debt has become unsustainable and that
Greece cannot restore debt sustainability solely through actions on its own.”
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