The Traderszone Network

Published in TZ Latest News 28 February, 2015 by The TZ Newswire Staff

Greece seeks negotiations on ECB bond repayment

Greece called into question on Saturday a major debt repayment it must make to the European Central Bank this summer, after acknowledging it faces problems in meeting its obligations to international creditors. Finance Minister Yanis Varoufakis said Athens should negotiate with the ECB on 6.7 billion euros ($7.5 billion) in Greek government bonds held by the Frankfurt-based bank that mature in July and August.

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