Greek minister: markets should be assured by debt deal

Note: This section contains information in English only.
Source: Dukascopy Bank
"Now we have a sustainable debt for a sustainable country"
- Evangelos Venizelos, Greek Finance Minister

Greece's successful bond swap deal should reassure markets about the nation's future, said Greek Finance Minister Evangelos Venizelos on Monday.

"Now we have a sustainable debt for a sustainable country," he said. "And now we can persuade the market because we have a new, very important and very concrete argument: the sustainability of the public debt after the PSI [the private sector investor deal]."

"We have a very clear political declaration and position from the part of our institutional partners. We have a very clear statement from the part of the Eurogroup, but also of the Euro Summit. We have the support of the so-called "Official Sector" until the return of Greece in the market," he added.

© Dukascopy Bank

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