Greece on Tuesday denied a German newspaper report it could opt out of receiving bailout loans needed to make a July debt repayment if its lenders fail to offer clear debt relief terms to the crisis-hit country despite it having passed more reforms.
Tuesday’s report in Germany’s mass-selling Bild that Athens could opt to go without 7 billion euros of new loans if it does not get comprehensive debt relief, and was putting billions of euros aside preparing for this scenario, rattled the euro in early trade.
Government spokesman Dimitris Tzanakopoulos dismissed the report, saying a deal on debt relief could be reached at the next scheduled meeting of euro zone finance ministers in less than three weeks.
“It is not true,” Tzanakopou…
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