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«AgroInvest» — News — Greece may have its debt restructured

Greece may have its debt restructured

2011-05-17 18:34:40

Greece may have its debt restructured in case Athens goes for financial reforms, Jean-Claude Juncker, the chairman of the 17-country Eurogroup, said on the sidelines of an EU finance ministers` meeting in Brussels.

He added that Greece is currently failing to pay off its debts without aid from abroad.

Last year Greece became the first country to receive a EUR 110-billion bailout from the EU and the IMF.

Voice of Russia