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Wednesday, April 30, 2014

Greece eyes extension of rescue loans, more bond issues

Greece will formally propose stretching the maturity of its international rescue loans from about 30 years to up to 50 as part of a push to make its debt sustainable, a senior Greek finance ministry official told Reuters on Wednesday. Bailed-out Athens has qualified for more debt relief from the European Union and IMF after topping its budget targets last year and ending its four-year exile from ...

READ THE ORIGINAL POST AT finance.yahoo.com