Bloomberg News

Greek Loan Deal Processes Must Be Done by Feb. 5, Venizelos Says

January 31, 2012

Jan. 31 (Bloomberg) -- Greek Finance Minister Evangelos Venizelos said talks with European Union and International Monetary Fund officials on a new financing package must be completed by Feb. 5.

A private sector debt swap, for which a public offer must be made by Feb. 13, can only proceed after a deal on the loan package is reached, Venizelos said at a parliamentray committee today in Athens. “Time is of the essence,” he said.

To contact the reporter on this story: Antonis Galanopoulos at agalanopoulo@bloomberg.net

To contact the editor responsible for this story: Natalie Weeks at nweeks2@bloomberg.net


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