The Greece’s debts can be paid off only on the background of economic growth in the country. That was declared by Greek finance minister Yanis Vardoulakis after his meeting with the finance minister of France in Paris, one of the largest international news agencies informed. The minister excluded any opportunity of getting new credits, he underlined that an existing debt is a heavy load to bear. “We were elected to end the vicious cycle,” Yanis Varoufakis noted.
The head of the Greek Ministry of Finance repeated that Athens is ready to negotiate with the Eurogroup, ECB, and IMF as individual governments but not the troika of creditors. One of the leading news agencies quotes the minister as saying that the goal is not to improve only the Greek economy but the European one.
On January 30, Yanis Vardoulakis said that the country has no aim to cooperate with the troika of the European creditors under the terms of its current position. His meeting with President of the Eurogroup Jeroen Dijsselbloem resulted in a scandal.
The European Central Bank has already reported its unwillingness to restructure or cancel Greece’s debt. Chancellor of Germany Angela Merkel also refuses any possibility of that.
