French FinMin says Greek debt situation to be examined in Autumn

In an interview with the Sunday edition of “Kathimerini” newspaper, the French Finance Minister Michel Sapin noted that the state of Greek debt will be examined during Autumn, emphasizing that France will continue standing by Greece.

“It’s too early to predict the needs of Greece, we will jointly examine the overall situation of [Greek] debt this Autumn. Based on the information we will have, we will take decisions on financing issues”, said Sapin.

He added that, to his view, Greece is now “in a much better economic, financial and fiscal situation, which allows the country to stand off from the storm area. The harshest measures belong to the past, although I have to agree that the conditions are difficult for Greece and Greeks”.