Monday’s Eurogroup meeting in Brussels had to deal with a potential crisis triggered by a victory in Greece for Syriza. This has led the group’s leading lights to predict a tough round of talks ahead, especially if the Greeks push agressively for debt forgiveness.
“We have a common goal, or rather we have common goals; ensuring that Greece as a nation can stand on its own two feet, clean up its finances, and become a jobs generator again. A Greece that is growing, and can pay its debts,” said the EU’s Economic Commissioner Pierre Moscovici.
However all the initial reactions have sounded conciliatory with the Eurogroup’s president leaving a door open to easier debt terms for Athens.
“We have already done a lot to lift the debt burden for Greece over the last couple of years, in terms of interest, maturity and the length of the loans.
If the Greeks commit to what we have agreed with, then, and if necessary – now, these words ‘if necessary’ refer to the debt sustainability, it’s
