Greece hopes for improved debt deal

Published: 11/10/2011 at 02:29 AM
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Greece held out Monday for improved debt rollover terms from its private creditors as the finance minister said he had concluded key talks with the EU and the IMF on an audit to unlock fresh loans.

Greek Finance minister Evangelos Venizelos addresses a news conference. Athens held out for improved debt rollover terms from its private creditors as the finance minister said he had concluded key talks with the EU and the IMF on an audit to unlock fresh loans.

"We are expecting a 'PSI plus'," said Finance Minister Evangelos Venizelos, referring to a bond maturity rescheduling scheme put forward in July by the European Union involving the country's private sector banking creditors.

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: Writer: AFP News agency; Position: Agence France-Presse

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drake
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Discussion 1 : 11/10/2011 at 09:32 AM1
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Greece only want all their debts forgiven and a tiny 4 Trillion Euros aid package.
That will solve all of their financial problems for a couple of years.
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Greece hopes for improved debt deal | Bangkok Post: breakingnews