ECONOMY

Greek debt crisis will not repeat itself in Italy, says Austria finance minister

Greek debt crisis will not repeat itself in Italy, says Austria finance minister

The Greek sovereign debt crisis will not repeat itself in Italy, Austrian Finance Minister Hartwig Loeger said in remarks published on Sunday.

“The Italian economy has more substance than the Greek,” Loeger told the Handelsblatt newspaper.

“And in Italy there have at least been some structural reforms, as opposed to Greece in the past. As such the Greek debt crisis will not repeat itself in Italy.”

[Reuters]

Economy Euro
READ MORE
Regling says Greek fiscal room not enough to fully scrap pension cuts
ECONOMY

Regling says Greek fiscal room not enough to fully scrap pension cuts

Italy needs to respect EU budget rules and build up cash buffer, IMF official says
ECONOMY

Italy needs to respect EU budget rules and build up cash buffer, IMF official says

Euro zone investor morale falls on Italy, car industry worries
ECONOMY

Euro zone investor morale falls on Italy, car industry worries

Centeno says Greek pension cuts a ‘fiscal,’ not ‘structural’ measure
ECONOMY

Centeno says Greek pension cuts a ‘fiscal,’ not ‘structural’ measure

ECB starts buying Cypriot bonds after ratings upgrade
ECONOMY

ECB starts buying Cypriot bonds after ratings upgrade

Debt relief could stop if Greece strays from reforms, says Regling
ECONOMY

Debt relief could stop if Greece strays from reforms, says Regling

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.