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Irish finance minister sees no issue in reprofiling Greek debt

Reuters  |  LUXEMBOURG 

LUXEMBOURG (Reuters) - sees no issue with reprofiling Greece's debt, its minister said on Thursday, as euro zone lenders to discuss the size of new loans to and what debt relief they may offer.

"has no difficulty with proposals in relation to the reprofiling of Greek debt," Paschal Donohoe told reporters in Luxembourg ahead of the meeting.

"We're looking forward to seeing progress being made this afternoon and this evening in relation to our Greek neighbours."

needs more than 7 billion euros ($7.8 billion) in new loans from the euro zone bailout fund to repay debt maturing in July, but can only get the money once lenders agree Athens has pushed through agreed reforms.

(Reporting by Elizabeth Miles; Writing by Alissa de Carbonnel; Editing by Alastair Macdonald)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Irish finance minister sees no issue in reprofiling Greek debt

LUXEMBOURG (Reuters) - Ireland sees no issue with reprofiling Greece's debt, its finance minister said on Thursday, as euro zone lenders met to discuss the size of new loans to Greece and what debt relief they may offer.

LUXEMBOURG (Reuters) - sees no issue with reprofiling Greece's debt, its minister said on Thursday, as euro zone lenders to discuss the size of new loans to and what debt relief they may offer.

"has no difficulty with proposals in relation to the reprofiling of Greek debt," Paschal Donohoe told reporters in Luxembourg ahead of the meeting.

"We're looking forward to seeing progress being made this afternoon and this evening in relation to our Greek neighbours."

needs more than 7 billion euros ($7.8 billion) in new loans from the euro zone bailout fund to repay debt maturing in July, but can only get the money once lenders agree Athens has pushed through agreed reforms.

(Reporting by Elizabeth Miles; Writing by Alissa de Carbonnel; Editing by Alastair Macdonald)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Business Standard
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Irish finance minister sees no issue in reprofiling Greek debt

LUXEMBOURG (Reuters) - sees no issue with reprofiling Greece's debt, its minister said on Thursday, as euro zone lenders to discuss the size of new loans to and what debt relief they may offer.

"has no difficulty with proposals in relation to the reprofiling of Greek debt," Paschal Donohoe told reporters in Luxembourg ahead of the meeting.

"We're looking forward to seeing progress being made this afternoon and this evening in relation to our Greek neighbours."

needs more than 7 billion euros ($7.8 billion) in new loans from the euro zone bailout fund to repay debt maturing in July, but can only get the money once lenders agree Athens has pushed through agreed reforms.

(Reporting by Elizabeth Miles; Writing by Alissa de Carbonnel; Editing by Alastair Macdonald)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22