ATHENS: A Greek government spokesman denied a German newspaper report on Tuesday that it was considering opting out of a loan repayment in July if lenders could not agree on debt relief.
“It is not true,” government spokesman Dimitris Tzanakopoulos told Reuters. “There will be a solution on June 15.”
Greece is hoping a June 15 meeting of euro zone finance ministers will offer clarity and a solution to its long-standing call for debt relief after three international bailouts.
The country has 7.5 billion euros of debt maturing in July, a sum it will not be able to repay unless it gets a new tranche of creditors’ money out of a bailout worth up to 86 billion euros.
Speaking to journalists on Monday, Greek Finance Minister Euclid ruled out a default. -- REUTERS