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Response to Tansy_Gold (Original post)

Tue Aug 27, 2013, 07:29 AM

27. Greece 'may renegotiate rescue loans'

http://www.bbc.co.uk/news/business-23839920

Greece may seek to ease its debt burden by renegotiating its bailout terms, the Greek finance minister said on Monday.

Yannis Stournaras told German newspaper Handelsblatt this could involve lower interest payments and more time to repay 240bn euros (£206bn) in loans.

It comes a day after he conceded that Greece may face a hole in its finances of up to 10bn euros.

Speculation over Athens' borrowing needs comes at a sensitive time, with German elections due in September.

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LineReply Greece 'may renegotiate rescue loans'
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