Wednesday, March 16, 2011

EFSF chief: unclear if Greece must restructure debt

The head of the euro zone safety net for
countries struggling with public finances has told German politicians that it was not yet possible to say whether whether Greece will have to restructure its debt.

Sources from the ruling coalition said on Wednesday, after a parliament committee hearing with European Financial Stability Facility head Klaus Regling, that he told them the question of whether Greece would have to restructure cannot yet be answered. 





source: REUTERS