For Immediate Release
Lydia Andrews, Deputy Director, email@example.com, (202) 783-3566 x109
European Finance Ministers Applaud Greece Debt Deal that Provides Aid and Continues Austerity
WASHINGTON - European Finance Ministers endorse a new Greece debt agreement that provides financing in exchange for maintaining austerity policies and economic reforms.
“Parts of the Greece deal provide more breathing space for Greece in the short-term, but we are still concerned that there isn't enough debt relief to keep Greece out of trouble for the long-term," stated Jubilee USA Executive Director Eric LeCompte, who monitors and works on international debt agreements. "I'm also worried that the continued austerity policies hurt too many Greeks and will negatively impact economic growth."
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