Exclusive: Greece does not need 3rd bailout, seeks debt 'reprofiling' - deputy prime minister


  • World
  • Thursday, 26 Sep 2013

NEW YORK (Reuters) - Greece does not require a third bailout and can cover its needs without further burdening its current backers, by improving the terms of its debt and possibly returning to the bond market next year, the country's deputy prime minister said on Wednesday.

Evangelos Venizelos, who is also foreign minister in a coalition government, is determined not to impose losses on Greece's European Union partners and the International Monetary Fund, which have pulled the troubled country from the brink of bankruptcy with about 240 billion euros ($325 billion) so far.

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