Precautionary credit line will only delay return to normality, says FinMin Tsakalotos
Finance Minister Euclid Tsakalotos in a statement on Tuesday to the 'Efimerida ton Syntakton' newspaper, said that "the main thing is for the country to stand on its own feet.
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Everyone has to undertake their responsibilities. With a precautionary credit line, and therefore a programme, the rating agencies will not upgrade Greek bonds to a level that pension funds can invest in (investment grade). So, the only thing we will achieve is one-year delay in the return to normality".
Source: amna-mpa
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