Head of Eurogroup urges Greece not to go to the polls before 2019

Posted by Christian J. Hadjipateras 03/10/2017 0 Comment(s) Economia Blog,
The head of the Eurogroup and Dutch finance minister, Jeroen Dijsselbloem has called for the possibility of early elections to be put to bed insisting that political stability is of paramount importance for the country.
 
Speaking to the Kathimerini, Dijsselbloem explained that he feels the snap general election was a mistake and led to unnecessary further damage to the already weak economy. He also felt that the snap election prevented the second bailout being completed in time and led to the need for the third bailout which is due to end next year.
 
Dijsselbloem also stressed the need for a reliable and transparent banking system in the country in order to attract investors to aid economic growth, adding that Germany’s stance toward Greece will not change despite the departure of finance minister Wolfgang Schaeuble, who has always been staunchly against the possibility of further debt relief.

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