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Friday, July 17, 2015

France's Sapin reaffirms need for Greek debt relief

PARIS (Reuters) - French Finance Minister Michel Sapin reaffirmed Paris' view on Friday that Greece needs debt relief to allow it to get its economy back on its feet. Sapin told Europe 1 radio that relief could involve measures such as an extension of maturities, lengthening of the grace period on repayment, or easing of interest rates. He ruled out any write-off of Greek loans, saying that as a creditor, France wanted to ensure it got its money back. (Reporting by Mark John, editing by Astrid Wendlandt)


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