Wednesday, November 10, 2010

Greece Favors Longer Loan Repayment Term, But Goals Unchanged

Wall Street Journal
November 10, 2010

The Greek government would welcome easier terms for repaying its EUR110 billion rescue loan from international lenders, but fully intends to stick to the terms of the current agreement, a government spokesman said Wednesday.

"If, at some later point, there is another means to discuss the terms of the memorandum, for example, extending the repayment period of the loan, which is a discussion that is already taking place, that would be something we would be open to," George Petalotis said.

More

No comments: