Arab Today, arab today greek pm eyes debt buyback success next week
Last Updated : GMT 06:32:52
Arab Today, arab today
Arab Today, arab today

Greek PM eyes debt buy-back success next week

Arab Today, arab today

Arab Today, arab today Greek PM eyes debt buy-back success next week

Munich - AFP

Greece\'s prime minister said Sunday he was convinced he would soon be able to declare success in his country\'s huge debt buy-back plan, as he visited the southern German state of Bavaria. Greek authorities have set a 30-billion-euro ($38.7-billion) target for a complex financial operation to buy back some of the country\'s huge debt pile at reduced prices that began on Monday. And speaking after talks with Bavaria\'s state premier Horst Seehofer, Antonis Samaras told reporters he was confident of a positive outcome. \"I believe or I am firmly convinced that on Monday or Tuesday, we will actually be able to say with certainty that things have gone well,\" he said, speaking through an interpreter. The operation aims to cut the national debt by around 20 billion euros and is vital to qualify for more financial aid from the European Union and International Monetary Fund. Samaras also said the debt buy-back scheme would be crucial to get the debt-wracked country back on track and said he wanted to put the past behind him. \"The only thing I want to look to is the future. My presence here brings hope to the Greek people,\" he said. Members of Seehofer\'s Christian Social Union (CSU), up for re-election in nation-wide polls in September, have been some of the harshest German critics of Greece. At the height of the crisis earlier this year, several CSU members called for Greece to leave the eurozone, often sending markets into a tailspin. The party, a junior coalition partner in Chancellor Angela Merkel\'s centre-right government, has since toned down its rhetoric as Samaras has pushed through a raft of reforms to unlock vital international aid. And Seehofer stressed that \"we now have a situation in which we can work well together\", adding \"the future is now set up well\". He said the two leaders had agreed to task their ministers with finding ways to deepen ties between Greece and Bavaria after a traditional regional dinner featuring oxtail soup and apple strudel with Greek yoghurt. The Greek leader had set the tone for the meeting by telling the local Muenchner Merkur on the eve of the talks that he was \"coming as a friend\". \"We are partners who share the same values and ideals,\" he said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greek pm eyes debt buyback success next week Arab Today, arab today greek pm eyes debt buyback success next week

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today More than 100 injured in train collision in South Africa
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday