Germany's Gabriel says must help Greece to reduce debt burden

May 9, 2016 9:01 AM

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Germany's Gabriel says must help Greece to reduce debt burden

BERLIN German Vice Chancellor Sigmar Gabriel said on Monday euro zone finance ministers should start talks on debt relief for Greece, warning that further austerity measures would crush the green shoots of its recent economic recovery.

"We must help the country to reduce its debt burden," Gabriel said in a speech in Berlin, adding that the Greek economy was finally growing again and this should not be choked off by additional austerity measures.

Also read: Greek cenbank chief expects return to capital markets in mid-2018

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