Italy FinMIn Padoan: Νeed to achieve deal on Greek debt relief measures

Italy’s Finance Minister Pier Carlo Padoan stressed on Tuesday the need to achieve a deal on the extend of the short-term and medium-term debt relief measures, during a press conference after the end of the Ecofin meeting in Brussels.

Responding to a question by Athens-Macedonian News Agency (ANA), Padoan said Greece is implementing a reform program which is currently being evaluated and includes short-, medium- and long-term measures which will have to be coordinated in the right way.

He also said Italy believes Europe must find the right time horizon within which the Greek economy will recover thanks to the reforms and with a view to repaying its debts.