Greece denies reports that one repayment of debt to the European Central Bank (ECB) would like to postpone .
In a statement late Thursday that Athens, the Greek Finance Minister, Yanis Varoufakis, at a conference in the Greek capital earlier this week, has put forward the idea that his country’s emergency fund the eurozone, the European Stability Mechanism (ESM) could be used to make repayments to the ECB.
Earlier, Reuters reported Varoufakis would have said that the current repayment obligations are not feasible. In July and August must repay the Greeks EUR6,7 billion of bonds bought in the past the ECB’s Securities Market Program of the central bank, which was created to support loans from weaker eurozone countries.
Earlier this week, Greece did a repayment of EUR750 million to the IMF, but, using an emergency reserve of the national central bank at the same institution. That money has been within about a month to return the fee. In total, the ECB holds approximately EUR27 billion of Greek bonds.
According RTLZ reporter Bart Reijnen Greece wants to suspend the redemption as 30 to 40 years, but will never agree to the ECB. (See video above)
RTL Z / Dow Jones
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