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Greek FinMin says he doesn’t believe more austerity measures will be needed in 2018

Greek Finance Minister Euclid Tsakalotos ruled out new austerity measures in 2018, while repeating the embattled government’s pledge that the looming third review of ongoing bailout will conclude in a timely manner.

Tsakalotos, in a carefully worded statement, said a conclusion of the review in tandem with the already scheduled exit from the third memorandum (August 2018) “opens the path for discussions over debt relief”.

He made the comments to a new Athens newspaper, “Nea Selida”.