Greek government: No debt restructuring

The government spokesman on Tuesday categorically dismissed the possibility of a restructuring of the country's public debt, while adding that such speculation, along with claims of a possibility of extending the repayment period, are only hypothetical.

"We are interested in unwaveringly meeting our goals. The more we depart from our goals, the more we depart from the stability we are aiming for," spokesman Giorgos Petalotis said, while emphasising that there is "no hidden government agenda".

Moreover, speaking during his regular press briefing, Petalotis replied that there was "no trend towards escapism", while adding that PM George Papandreou spoke with "sincerity, clearly defining the issues and problems…"

He also said the premier called on voters to again give ruling PASOK a mandate via the upcoming local government election.