Greek Finance Minister Kyriakos Pierrakakis discusses the nation’s plans to repay loans from its first bailout program ahead of schedule, saying “it should be completely behind us by 2031.” In an interview with Oliver Crook, Pierrakakis also talks about the potential trade deal between the US and China, as well as what higher tariffs could mean for the European economy and supply chains. He also speaks about Greece’s economy and defense spending.
00:00 – US-China trade agreement
01:06 – US-EU trade negotiations, deal
02:45 – Volatility, attracting investment, capital markets union
04:41 – Greece’s plan to repay bailout loans 10 years ahead of schedule
05:51 – Greek economy, primary budget surplus outlook, shadow economy and tax evasion
07:09 – Trump tariffs, trade war, impact on Greek economy
08:15 – Defense policy, NATO defense spending
09:33 – US-China trade war, tariff environment, supply chain impact
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