Greece Debt Meeting Defers Decision on Debt Relief

European Union Finance Ministers, the International Monetary Fund and Greek officials agreed on short-term debt plans for Greece but did not reach an agreement on long-term debt solutions.

Eric LeCompte, Executive Director of the religious development group Jubilee USA, releases the following statement:

"Greece needs significant debt relief as soon as possible. ‎There can be no sustainable economic growth without cutting the debt.

"The longer we wait to restructure the debt, the harder it becomes to resolve Greece's problems."