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Greek FinMin "encouraged" after talks with ECB president

Xinhua, February 4, 2015 Adjust font size:

Greek Finance Minister Yanis Varoufakis on Wednesday said he was encouraged after talks with European Central Bank (ECB) president Mario Draghi.

Varoufakis told reporters that the meeting was "fruitful" and he described the talks as an "excellent line of communication, which gives me a great deal of encouragement for the future."

Varoufakis said he presented to Draghi the Greek government's plan and expressed the determination that "it can't possibly be business as usual for Greece."

According to Varoufakis, Draghi was very helpful and outlined how the ECB supports eurozone member states including Greece.

The ECB declined to comment on the meeting.

The Greek government has been negotiating with international creditors on its bailout deal. It has to get access to additional bailout funds by the end of this month to avoid a default on maturing loans.

Varoufakis has proposed that Greece raise 10 billion euros (11.45 billion U.S. dollars) by issuing short-term treasury bills, which needs approval from the ECB. Endit