19-02-2015

Greece is not making a substantial offer

Dr. Matthias Kullas, division head for Stability Policy, speaks with Dow Jones Newswires about Greece's new request for a prolongation of the financial aid program

In its request for a prolongation of its financial aid program, Greece is not making a substantial offer for a compromise with the Eurogroup, Matthias Kullas tells Dow Jones Newswires. On the real important points – fiscal consolidation obligations and reform steps – Greece did not make any real concession, Kullas argued.