Greece on Wednesday denied press reports it had mandated Goldman Sachs to sell bonds to China, but its debt chief reiterated a roadshow in Asia was in the pipeline.
The Financial Times and the Wall Street Journal reported that Greece was turning to China to buy up to 25 billion euros of its bonds to help it through its fiscal crisis, with U.S. investment bank Goldman Sachs promoting the deal to Beijing.
“The Finance Ministry categorically denies that there is any deal to sell Greek bonds to China,” the statement said. “The Finance Ministry has not mandated Goldman Sachs to negotiate any deal with China.”
“The figures reported are not true,” the finance ministry said in a statement to Reuters.
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