Jul
20

Turkish turmoil strengthens case for Greek debt relief, says US

Thanasis Gavos   Wed, 20 Jul 2016; 13:31

Jack Lew, US Treasury secretary, has said the current turmoil in Turkey makes it more important than ever to solve neighbouring Greece’s fiscal troubles so it can serve as an anchor of regional stability.

In an interview with the Financial Times, Mr Lew used the failed coup in Turkey to bolster a longstanding US argument that Greece’s creditors should let it restructure its debt as part of a broader plan to put its dire economy on a solid footing.

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