G20-INTERVIEW-Canada Calls for Compromise over Greek Debt Situation

Monday, 09 Feb 2015 06:42 AM

ISTANBUL, Feb 9 (Reuters) - Canadian Finance Minister Joe Oliver called on Monday for compromise over Greece's debt, telling Reuters that while Athens must not make a wholesale repudiation of its debt, its creditors also needed to work with it to arrive at a compromise solution.

"There has to be compromise. It's clear that Greece has got to be prepared to make some changes, and I think a wholesale repudiation of their debt is not on the cards. But other countries, creditors will have to work with Greece to arrive at a compromise solution," Oliver said as he prepared for a meeting of the Group of 20 leading industrialized countries.

"I don't think anybody wants Greece to leave the currency union." (Reporting by Randall Palmer; Editing by Nick Tattersall)

© 2017 Thomson/Reuters. All rights reserved.

1Like our page
Monday, 09 Feb 2015 06:42 AM
Newsmax Inc.

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved