Greece denies bailout claim

Greece denies a German newspaper report claiming it is considering opting out of receiving more bailout money if lenders can't not agree on debt relief.

"It is not true," government spokesman Dimitris Tzanakopoulos told Reuters news agency on Tuesday.

"There will be a solution on June 15."

Greece is hoping a June 15 meeting of euro zone finance ministers will offer clarity and a solution to its long-standing call for debt relief after three international bailouts.

The country has 7.5 billion euros ($A11.24b) of debt maturing in July, a sum it will not be able to repay unless it gets a new tranche of creditors' money out of a bailout worth up to 86 billion euros.






Source: news


Nick Kalikajaros 2017