April 20 (Bloomberg) -- Negotiations over the conditions Greece must accept to trigger a 45 billion-euro ($61 billion) emergency-aid package may run into early May, within weeks of 8.5 billion euros of Greek bonds coming due.
“There is no chance that Greece will be left hanging in the month of May, whether borrowing from the market or borrowing from our partners,” Finance Minister George Papaconstantinou said at a press conference today in Athens.
The talks with euro-region, International Monetary Fund and European Central Bank officials will begin tomorrow and last at least 10 days, he said. The negotiations, to focus on austerity measures needed mostly in the second and third year of the plan, will take two to three weeks, the European Commission said. Read more
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