Venizelos Says Debt Talks At ‘Very Good Point’

Finance Minister Evangelos Venizelos said on Wednesday that talks with private-sector creditors on the country’s debt-write-down plan have advanced and are “at a very good point.”

“We are ready for the next meeting, maybe tomorrow morning, with our friend, Charles Dallara, from the IIF (Institute of International Finance),” he told an economic forum earlier, according to a copy of his speech. Dallara is the managing director of the IIF.

“I would like to think that with the support of our institutional partners, this scheme will be completed,” the finance minister also said.

Dallara is also likely to meet with Greek Prime Minister Lucas Papademos in Athens on Thursday, according to government officials.
(source: Dow Jones)

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