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

Saturday, 30 September 2017 21:25

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".

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