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German finance minister warns Athens against discussions about writing off its debt

January 31, 2015, 17:18 UTC+3 BERLIN
The International Monetary Fund (IMF) forecasts by 2020 Greece’s state debt will reduce to 112% of the GDP
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© EPA/YOAN VALAT

BERLIN, January 31. /TASS/. Germany’s Finance Minister Wolfgang Schauble warned the new government in Athens against discussions on writing off the Greek debt.

"If I were a responsible Greek politician, I would not discuss writing off the debts," he said in an interview published in Die Welt on Saturday. "Those aware about Greece’s financial debt, realise there are no problems till 2020."

The International Monetary Fund (IMF) forecasts by 2020 Greece’s state debt will reduce to 112% of the GDP, thus the debt of Greece could be lower than the state debt of Italy. "This is why I do not see reasons to speculate about writing off the debt," the German finance minister said.

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