Greek Bailout Talks Could Take Three Weeks; Bond Payment Looms
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Negotiations over the conditions Greece must accept to trigger a 45 billion-euro ($61 billion) emergency-aid package may run into early May, within weeks of 8.5 billion euros of Greek bonds coming due.
“There is no chance that Greece will be left hanging in the month of May, whether borrowing from the market or borrowing from our partners,” Finance Minister George Papaconstantinou said at a press conference today in Athens.