Europe Won’t Accept Laxer Greek Bailout Terms, Borg Says
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Swedish Finance Minister Anders Borg said Greece won’t be able to ease terms of its international loan package as the euro area’s most indebted nation faces the prospect of a government led by anti-bailout politicians.
“It will be very difficult to backtrack in the International Monetary Fund program,” Borg, whose country stands outside the euro, said in Stockholm today. “It’s not acceptable to lower demands.”