Dijsselbloem Says Greece Strength Must Come From Its Industries
2015-03-14 13:15:03.432 GMT
By Elco van Groningen
(Bloomberg) -- Greece can extend those sectors and attract
foreign investment, Eurogroup chairman Jeroen Dijsselbloem says
in radio interview, without naming them.
* “The big crux in that is trust. If Greece really tackles
its problems, stabilizes policy, then investors will return,
foreign companies will return and the Greek economy will
recover”: Dijsselbloem says in interview Saturday on Omroep
Zeeland.
* “That’s what we bet on, and where Greek government also has
to put its effort in”
* There are conditions to its loans, and he expects Greece to
seriously work on those conditions
* “It’s not a punishment. We want Greece to be put back in
order again and that the Greek economy will start working
again”
* “We won’t continue our help if they’re not seriously
putting the country back in order”
* NOTE: Dijsselbloem is also Dutch Finance Minister
* NOTE Earlier: Dijsselbloem doesn’t see Greece stalling to
avoid budget cut: AD
For Related News and Information:
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To contact the reporter on this story:
Elco van Groningen in Amsterdam at +31-20-589-8517 or
vangroningen@bloomberg.net
To contact the editor responsible for this story:
Simon Thiel at +44-20-3525-2814 or
sthiel1@bloomberg.net
2015-03-14 13:15:03.432 GMT
By Elco van Groningen
(Bloomberg) -- Greece can extend those sectors and attract
foreign investment, Eurogroup chairman Jeroen Dijsselbloem says
in radio interview, without naming them.
* “The big crux in that is trust. If Greece really tackles
its problems, stabilizes policy, then investors will return,
foreign companies will return and the Greek economy will
recover”: Dijsselbloem says in interview Saturday on Omroep
Zeeland.
* “That’s what we bet on, and where Greek government also has
to put its effort in”
* There are conditions to its loans, and he expects Greece to
seriously work on those conditions
* “It’s not a punishment. We want Greece to be put back in
order again and that the Greek economy will start working
again”
* “We won’t continue our help if they’re not seriously
putting the country back in order”
* NOTE: Dijsselbloem is also Dutch Finance Minister
* NOTE Earlier: Dijsselbloem doesn’t see Greece stalling to
avoid budget cut: AD
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Elco van Groningen in Amsterdam at +31-20-589-8517 or
vangroningen@bloomberg.net
To contact the editor responsible for this story:
Simon Thiel at +44-20-3525-2814 or
sthiel1@bloomberg.net