Greece hires Lazard to advise on debt ahead of talks


  • World
  • Sunday, 01 Feb 2015

Newly appointed Greek Finance Minister Yanis Varoufakis attends a hand over ceremony in Athens, January 28, 2015. REUTERS/Marko Djurica

ATHENS (Reuters) - Greece's Finance Ministry said on Saturday that it had hired financial advisors Lazard to consult on issues of public debt and fiscal management, as the new leftist government enters talks to renegotiate a bailout accord with creditors.

Greece used Lazard during talks in 2012 over private sector involvement (PSI) as it sought to write down billions of euros of debt in a major sovereign restructuring.

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