Athens Needs no Loan if Dept Plan Changed

18:06     2 May, 2015

Yanis Varoufakis, Greece Finance Minister, said on Saturday that the country could manage without a new loan if its debt was restructured, Presstv reports.

According to Yanis Varoufakis the country can overcome with the problem without a new loan, but the debt needs to be restructured. Greece resumed talks with its international creditors last week in order to to make a deal to unlock 7.2 billion euros from bailout. According to the Finance Minister the country should not have joined common monetary system.


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