Bloomberg News

Reynders Raises Prospect of Deal on EU6 Billion Greek Payment

June 19, 2011

June 19 (Bloomberg) -- Belgian Finance Minister Didier Reynders raised the prospect of finance ministers reaching a deal on payment of only half of the 12 billion-euro next installment to Greece.

“I’m only saying that financing has to be released by the International Monetary Fund and the European Union,” Reynders told reporters in Luxembourg today. “That’s the short-term. We will in any case try to release the necessary funds for the short-term, which should happen with a financing of a bit less than 6 billion euros in the beginning of July.’’

To contact the reporter on this story: Stephanie Bodoni in Luxembourg at sbodoni@bloomberg.net

To contact the editor responsible for this story: Jones Hayden at jhayden1@bloomberg.net


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