Greece isn’t in talks with creditors on restructuring its debt, Reuters news agency said, citing an interview with Finance Minister George Papaconstantinou.
Papaconstantinou said talks with China on buying Greek bonds, as Chinese Premier Wen Jiabao pledged during a visit in October, are “progressing,” Reuters reported. The minister didn’t provide any further details, Reuters said.
A plan to extend the repayment of emergency loans received from the European Union and International Monetary Fund would ideally cover the total amount of 110 billion euros ($146 billion) and not just the remaining disbursements, Reuters cited Papaconstantinou as saying.
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