Italy volatility has made it harder for Greece to sell bonds, Tsakalotos says

Volatility in Italian government debt has made it harder for Greece to return to bond markets, Greek Finance Minister Euclid Tsakalotos told Reuters, but said he is comfortable with waiting for the right time to raise funds.

A recent selloff in Italian government debt has pushed up the borrowing costs of other Southern European countries, including Greece.

But Tsakalotos told Reuters on the sidelines of a conference on Friday that his country's financing needs are under control.

Greece, which exited that last of its bailout programs in August, has agreed debt relief measures with its euro zone partners.

These extend maturities on some loans and soften the interest rate burden on others. Athens also has a 24 billion euro cash buffer, which will help to improve debt sustainability over the medium term.

Tsakalotos said Athens would return to the bond...

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