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Regling urges Greece to ready market borrowing strategy

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Speaking at yesterday’s Eurogroup, Mr. Regling told reporters that Greece will not need that much borrowing from the markets in the future, once bailout funding via the ESM ends in August 2018; rather it would be required only to replace maturing debt.

 

He therefore stressed that it was important for Greece to develop its strategy for its return to market borrowing before the end of the current MoU, including communicating with investors and reassuring them of its commitments to the reforms.

 

Mr. Regling also added that he had discussed the issue with Greek officials in the past two weeks.
 

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