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Greece signals pullback on early end to bailout — EUbusiness com | EU news, business and politics

( ATHENS) - Greece is ready for a new relationship with international creditors in 2015, its finance minister said, in a signal it may be abandoning plans which had rattled markets. Finance Minister Gikas Hardouvelis described the new relationship as an adjustment period, maybe six months, maybe one year, until we completely exit the memorandum that has bound the Greek government to undertake certain fiscal policies in exchange for loans needed to keep the government solvent. The fact that our creditors also talk about a new relationship signifies that they are open to dialogue, that there is no disagreement about the possibility of a prudent exit, by Greece from its international bailout programme, he said in a televised interview late on Monday.

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