Talks on Greek bailout to continue over the weekend

FXstreet.com (Barcelona) - An official close to EU talks on Greek bailout informed on Friday that the Eurozone is considering passing on 75% of ECB profits on Greek bonds in order to help the country attain sustainable debt levels. Other propositions include reducing the interest rate on the loans and extending their maturities.

According to Dow Jones Newswires Eurozone finance ministers will hold a telephone conference on Saturday in order to negotiate the details of the Greek bailout before the Eurogroup meeting scheduled for next Monday.

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