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Post By sedna
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sedna
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Greece to conclude talks on debt relief with intl lenders by June 21 – minister
Greece and its lenders will have concluded discussions on ways to reduce the country’s debt by June 21, Greek Finance Minister Euclid Tsakalotos said on Friday. The statement came after a meeting of eurozone finance ministers in Sofia. Tsakalotos reiterated that Greece does not wish to request a precautionary credit line after its bailout program expires in August, adding that there will be enhanced surveillance by its lenders in the post-bailout period. “There will be no program so there will be no prior actions, no reviews,” Tsakalotos said. Representatives from the country’s lenders will return to Athens for talks on the final bailout review in mid-May, Reuters said.
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