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Olaf Salts: Do not violate the agreed pension cuts

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A warning message to the Greek government is sent by German Foreign Minister Olaf Salts.
Speaking to the newspaper «New Weekend», Mr. Solts reiterates that Greece’s agreements with its partners must be respected after the end of the Memoranda as they will form the basis for the recovery of confidence in the country and the return of investors.

In particular, Mr Solts stressed that he did not take part in speculation about the postponement of pension cuts in January 2019 and warns against violating what has been agreed on pensions, primary surpluses and the role of the IMF in mechanism for the post-mortem surveillance of Greece.

Greece «has raised a big mountain and Greek citizens can be proud that the country can set its economic path autonomously,» says Sölz for the end of the third memorandum, stressing that with the long-term orientation of European support, «Greece has the time» to achieve exit in the markets.

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