Bloomberg News

Greece’s Venizelos Says Talks With Troika on Terms to Continue

February 03, 2012

Feb. 4 (Bloomberg) -- Greek Finance Minister Evangelos Venizelos said progress was made in talks with international creditors on terms for Greece to receive a second financing package and will continue later today.

“After 12 hours of tough talks, we solved a lot of issues,” Venizelos told reporters in Athens today. “There are still open issues.”

Venizelos said he will brief euro area finance ministers by phone later today on the status of the talks and that a meeting of the ministers will be held on Feb. 8.

Debt swap talks are happening in parallel, he said, “but that’s now the easiest part of the process.”

To contact the reporter on this story: Marcus Bensasson in Athens at mbensasson@bloomberg.net

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net


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