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Greek FinMin: Debt manageable, no restructure

02. May 2011. | 16:41

Source: ANA

The Greek debt is manageable and there is no issue of debt restructuring, Greece's finance minister George Papaconstantinou said in an interview with the French newspaper Liberation appearing on Monday.

The Greek debt is manageable and there is no issue of debt restructuring, Greece's finance minister George Papaconstantinou said in an interview with the French newspaper Liberation appearing on Monday.

"There are those who consider restructure inevitable. There are also those, however, who have wagered a lot of money on Greece going bankrupt. That explains the ridiculous rumors in recent weeks. There is no issue of restructuring," Papaconstantinou said, adding that the extension of the 110 billion euros loan that Greece has received from the Euro Area countries and the IMF is the best solution.

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