Highlights: Comments from euro zone finance ministers' talks
BRUSSELS (Reuters) - Euro zone finance ministers and officials met in Brussels to discuss terms of a Greek debt restructuring as part of a second bailout package for Athens and rejected an offer made by private bondholders to help restructure those debts, officials said, sending negotiators back to the drawing board.
Following are comments after their talks:
EUROGROUP PRESIDENT JEAN-CLAUDE JUNCKER
ON COUPON ON NEW GREEK BONDS:
"Ministers were asking their Greek colleagues to pursue negotiations to bring the interest rates on the new bonds to below 4 percent for the total period, which implies that the interest comes down to well below 3.5 percent before 2020."
ON COMBINED CAPACITY OF TEMPORARY AND PERMANENT BAILOUT
"We will reassess the adequacy of the overall lending ceiling of the EFSF and the ESM of 500 billion (euros) ($644 billion) in March of this year."
ON AGREEING A FISCAL COMPACT: Continued...