Greece set to begin debt rescheduling, finance minister says

February 27, 2015 9:47 PM

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Greece set to begin debt rescheduling, finance minister says

Greece intends to start discussions with its creditors on debt rescheduling in order to make the country's massive debt sustainable, at the same time as working on reform measures that need to be cemented by April, the finance minister said Saturday.

In an interview with The Associated Press, Yanis Varoufakis also said Athens will prioritize debt repayments to the International Monetary Fund, some of which come due in March, but that repayments to the European Central Bank are "in a different league" and will need discussion with Greece's credit...

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