Eurogroup chief Juncker backs 'soft' Greek debt restructure
Eurogroup head Jean-Claude Juncker backed Saturday a "soft restructuring" of Greece's debt with a voluntary contribution from private-sector creditors, as Germany wants.
"There will be no total restructuring," he told a German radio station. "The governments are agreed on that, ECB support for such an option could not be obtained."
"There must be a soft and voluntary restructuring," Juncker added.
© 2011 AFP