German Vice Chancellor Sigmar Gabriel says that the Euro Zone countries should help Greece with its debt, Reuters reports. He added that additional austerity measures would hurt Greek recovery.
"We must help the country to reduce its debt burden," Gabriel explained during a speech in Berlin, as he noted that Greece's economy is starting to bounce back.
"That's why a step must finally be made at today's Eurogroup meeting in Brussels to move toward a situation where Greece doesn't have to fight every year again to get new loans in order to repay old loans," Gabriel said.