Greek PM Tsipras Says Expects ‘Positive News’ on Debt by Year End

Greek Prime Minister Alexis Tsipras said on Wednesday he expected a positive outcome to discussions on debt relief for the country this year.

Greece’s debt pile corresponds to 176 percent of its national output. Lenders have promised to look at how Greece’s debt mountain can be made sustainable.

“By the end of the year we anticipate positive news on this front,” Tsipras said during a parliamentary debate.

Reuters

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Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.