Rothschild to take care of Greece’s debt issue as an adviser

World News Iulia Postelnicu
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Greece has yet again problems with debts. The problems resurfaced again and the country, the members of the European Union and the IMF are worried.

According to rumors, Greece contacted Rothschild and gave the company an offer. The firm has a great image and has been dealing with financial issues for a long time. They might be the answer to their debt-related problems.

The country wants to finish this deal as soon as possible. On February 20^th, a meeting with the financial ministries of the other European countries will take place.

This is the last chance they have to solve their problems. They need to do it before the meeting.

Greece has to pay some of its debts this year, before the summer.

The timing could not be worse, elections are taking place in several countries. Germany and the Netherlands are some of them.

‘Financial Times’ claims that Greece expects Rothschild to take care of all of its financial-related issues. The company will have some of the following tasks: discuss with creditors, inclusion in a program with the European bank and interrupting the bond sales of the Government.

When the country will escape these issues, it will repay the bank.

Rothschild is running for over 200 years. So that Greece can work with it, the Ministry will have to give the approval.

Until now, the country has been working with Lazard. This firm has been an adviser since 2012.

To pay the debt, they need new funds. They really need someone to get them out of this.