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Greece Could Be Eligible for More Debt Relief Next Year

The highest-ranking German in the European Central Bank said Monday that Greece could be eligible for additional aid and debt relief next year if it continued to fulfill promises made for the assistance it was already receiving.

The German, Jörg Asmussen, a member of the central bank’s policy-making executive board, said in an interview here that he was not signaling a new attitude toward Greece by its euro zone benefactors, but simply reiterating decisions made last year.

“There is no change of policy,” Mr. Asmussen said, noting that euro zone leaders already decided in November they would re-examine Greece’s needs early in 2014.

Source: New York Times. Read full article. (link)

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