Eurogroup chief backs ‘soft’ Greek debt restructure

Eurogroup head Jean-Claude Juncker backed on Saturday a ‘soft restructuring’ of Greece’s debt with a voluntary contribution from private-sector creditors, as Germany wants.


‘There will be no total restructuring,’ he told a German radio station. ‘The governments are agreed on that, ECB support for such an option could not be obtained.’

‘There must be a soft and voluntary restructuring,’ Juncker added.

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