Friday, January 7, 2011

PM interview to Dow Jones Newswire

NEW YORK - Prime Minister George Papandreou, speaking in an interview with the Dow Jones Newswires agency and published in the Wall Street Journal newspaper, said that Greece does not discuss the restructuring of its debt that is held by private individuals and will return to the bonds markets this year, provided that conditions permit. 
 "We do not do such discussions (on the restructuring of the debt). Looking forward to growth, fiscal adjustment, the reforms we are doing and to the fact that we have a strong European support mechanism, we believe that we will have no problem in paying off the debt," the prime minister said.
 Referring to the moves made for the new European stability mechanism that will be valid as of 2013, the prime minister noted that they created great unrest with the holders of bonds of the eurozone countries with a weaker fiscal position.





ANA-MPA