9/17/10

Greece will not restructure the debt and try to return to financial markets during 2011

Greece will not restructure their debts and try to return to financial markets during 2011. This was stated before, speaking to investors, Finance Minister Giorgos Papaconstantinou.

According to him, "the restructuring will not be because such a move would have far-reaching implications for the euro zone."

According to ITAR-TASS, Papaconstantinou said that currently being implemented in Greece, the reform program was "very strongly initiated and established on the basis of this trust would allow Athens to regain access to capital markets. "By 2012 we can stay out of markets", - he said, explaining that a large-scale financial aid from the EU and the IMF.
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