Greece will reopen debt negotiations

Wednesday, 18 January 2012 04:06

Private creditor’s representatives are planning to come back to Athens on Wednesday to co continue Greek debt negotiations.

Charles Dallar and Jean Lemierre are representing banks and investment companies. They are willing to reach agreement with Greek government.

UE pressured private creditors to retire 50% of nominal debt value. That would decrease Greek borrowings by 100 billion euro from current 350 billion.

Reaching agreement with creditors is main purpose of Greek actions, in order to receive second rescue packet from UE in value of 130 billion euro.