Greece Finance Minister Said to Press for EU Loan Restructuring

Greek Finance Minister Yanis Varoufakis told financiers in London he wants the country’s “European Union-related” loans to be restructured, leaving debt to the International Monetary Fund and the private sector intact.

Varoufakis outlined his proposals at a breakfast meeting with about 20 investors and analysts in London on Monday, according to one attendee at the meeting. The plan lacked specifics on how the restructuring would take place, said Sarah Hewin, head of research at Standard Chartered Plc in London, who was at the meeting.