Germany: Decision on Greek Debt Will Take More Time

Germany: Decision on Greek Debt Will Take More Time
A Greek national flag flutters on the roof of a building in Athens, Greece Feb. 8, 2018. REUTERS/Costas Baltas
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BERLIN—Germany on Wednesday lowered expectations that Greece and its euro zone creditors could soon reach an agreement on debt relief after Athens far exceeded lenders’ budgetary demands in 2017.

Greece has posted an overall budget surplus for the second straight year, even when debt repayments are included. This result could facilitate debt relief talks before the end of Athens’ current bailout program, the third since 2010.