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Fekter: “We Have to Avoid Another Haircut”
Politics ♦
Published: November 28, 2012; 14:31 ♦ (Vindobona)
Austria´s Minister of Finance Maria Fekter argues that another haircut would “constitute abuse of public office.”
Fekter: “We Have to Avoid Another Haircut” / Picture: © Wikipedia / World Economic Forum (Heinz Tesarek)
“The aim of the aid which has now been agreed for Greece is to avoid a haircut”, Austrian Finance Minister Maria Fekter emphasised. “If we were to accept a debt cut, it would constitute abuse of public office for us to continue pumping money into the country”, the Minister made clear.
Nevertheless, Fekter expressed satisfaction with the outcome: “Greece has complied…
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