×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
17
Feb 2026
weather symbol
Athens 12°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Politics

German pols across political spectrum admit Greek haircut necessary

Not a hair-cut but prolongation of payments and rate reductions

Newsroom August 17 10:40

More and more German lawmakers are coming to terms with the prospect of some sort of a debt relief for Greece as unavoidable, and openly considering the idea. The latest official is German Deputy Finance Minister Jens Spahn, who said there should be a discussion on a debt relief for Greece, speaking to German newspaper ‘Welt am Sonntag’.

In the wake of the Bundestag’s debate on the latest Greek bailout plan on Wednesday, Spahn underlined that there was a common perception that there needs to be relief on the Greek public debt, “but not a write-off because that is forbidden by the Euro treaty’, he added. The German politician pointed out there could be an extension of payments over a longer duration and a substantial reduction in interest rates, claiming that the final result would be the same as if a real hair-cut was implemented, while European taxpayers will not feel the immediate burden, but only in the long-run. He added that if Germany wanted the IMF to be a part of the new bailout plan it should prepare for a debt relief for Greece.

>Related articles

Mitsotakis in India on Wednesday and Thursday, meeting with Prime Minister Modi

Chatzivasileiou: Greece enters the international energy map — the agreements with Chevron mean recognition of our sovereign rights

Pavlos De Grec speaks out and intervenes, but is not forming a party: What his plans are

Meanwhile, Johannes Kahrs, the spokesperson of the Social Democrats (SPD) party, said the Greek government should be facilitated to relieve its debt, addressing the Budget Committee in the German legislature.

The Green party also showed its support to such a plan, as its leader, Anton Hofreiter, said he was for a relief so that the new bailout plan would be well-grounded in order to attract future investments.

“Debt servicing over the next years should be implemented in such a manner so that primary surpluses can be invested in economic growth”, said the Greens leader.

Ask me anything

Explore related questions

> More Politics

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Canadian mining company suspends operations in Cuba due to fuel shortage

February 17, 2026

Testimonies about Violanta: Since early December, the owner had been searching for the leak with a plumber without a license – Read shocking employee accounts

February 17, 2026

Weather: Rain and thunderstorms again on Friday, noticeable drop in temperature over the weekend, clear skies on Clean Monday

February 17, 2026

Pierrakakis: The international role of the euro is the strategic response to the economic challenges facing Europe

February 17, 2026

Mitsotakis in India on Wednesday and Thursday, meeting with Prime Minister Modi

February 17, 2026

40-year record for Mediterranean monk seal births in Greece – watch the video

February 17, 2026

Which Greek island ranks among the world’s 13 top destinations for slow travel

February 17, 2026

Court “halts” telemarketing: €50,000 compensation for nuisance calls

February 17, 2026
All News

> World

Canadian mining company suspends operations in Cuba due to fuel shortage

Nickel is one of Cuba’s main export products, as the country faces a severe energy crisis

February 17, 2026

Spectacular show at the Chinese New Year gala: humanoid robots dance and perform… kung fu — Watch video

February 17, 2026

Three dead, including the trans gunman, in shooting at a hockey arena in Rhode Island

February 17, 2026

EU investigation against Shein for sex dolls with childlike features

February 17, 2026

Scientists have created compounds with anti-cancer and anti-inflammatory properties from E.coli bacteria

February 17, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα