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Debt restructuring negotiations protracted the Greek-owned funeral

Release Date:2012-05-05  Hits:578
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"Breach of the Sword", a hanging in the Greek head of every minute are likely to fall.



Because March 20, Greece 14.5 billion euros maturity, Greece had no money to pay for. Greece can breathe a sigh of relief if the PSI can be completed before that time. The debt will become 7.25 billion euros, and can be repaid many, many years later.



Greek prime minister's office said on Monday (February 6), the key fiscal austerity program consultations between the leaders of political parties of the coalition government of Greece will be postponed to Tuesday. This is to give the Prime Minister Papademos (LucasPapademos), sufficient time, so that the talks with the creditors on behalf of the various relief programs.



Panhellenic Social Movement Party (PASOK) spokesman 贝格里提斯 (PanosBeglitis), Greek Prime Minister Papademos has asked the Ministry of Finance to prepare a report of the possible impact of Greek default.



In addition to negotiations with the "troika" of official creditors, Greece is trying to complete the debt restructuring negotiations with private sector involvement (PSI) as soon as possible.



As of press time, however, the Greek authorities has not yet reached an agreement on debt reduction in mind the problems and the private sector creditors World steel pipe network editing .



贝格里提斯 accept the Greek radio interview Monday World steel pipe network editing , said Greek Prime Minister on the 5th to the three party leaders to support the interim government, said he has asked the Ministry of Finance "correctly and accurately documented, Greece withdrew from all the after-effects of the euro area".



The risk of default is imminent, and even the Greek government began to prepare a "funeral"

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