Greek Deputy Prime Minister and Finance Minister Evangelos Venizelos statement at the doorstep, just before the Eurogroup meeting, Monday, March 12, 2012:
“As you know, the Private Sector Involvement for the restructuring and the sustainability of the Greek public debt was a success story.
Until now, the participation is at 96 per cent. Now we are waiting for the response of the market to the extension of our offer for the last 4 per cent of holders of Greek bonds of foreign law.
The market understands very well that the acceptance of our offer is a unique choice, the smart and profitable choice.
I am very optimistic for a universal participation in the PSI. From our side, the target is now the full implementation of the program and of course the return of Greece to growth.”
