Bloomberg News

Venizelos Says Formal Offer for Greek Swap Made by End of Week

February 21, 2012

Feb. 21 (Bloomberg) -- Greek Finance Minister Evangelos Venizelos said a formal offer for a Greek debt swap will be made by the end of this week.

Legislation on the swap and to implement austerity measures will be submitted to parliament today, he said, so that the laws are approved before a summit of European Union leaders. He spoke to reporters in Athens today, in comments televised live on state-run NET TV.

To contact the reporter on this story: Christos Ziotis in Athens at cziotis@bloomberg.net

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


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