Photo: DPAThe Greek debt crisis is back on the agenda again. Photo: DPAKritikos explained that the German government’s resistance to a debt ‘haircut’ for Greece is based on three principles. The first is the belief that the official figure of Greek debt - 180 percent of the country’s GDP - is inflated. Debt relief in this election year “is simply not conceivable,” said Kritikos. "Germany focuses on reform implementation, not on debt relief and fears that the IMF view of less austerity and more debt relief would weaken the pressure upon Greece to actually implement reforms," he told The Local via email.

Source: The Local February 21, 2017 13:49 UTC