French and Belgian Ministers Say Greek Debt Restructure 'Off The Table'

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EU Ministers Say Greek Restructuring “Off the Table”

Although the Prime Minister of Lusembourg publically raised the issue of “reprofiling” Greek debt for the first time at a press-conference, both the French and Belgian finance ministers have said today that “restructuring, reprofiling… off the table” and “we don’t want to do that” respectively.

Recall that there has been a growing concern that Greece would need to restructure its sovereign debt, triggering a default in the process.

 

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