Venizelos upbeat on PSI deal

Finance Minister Evangelos Venizelos on Monday said Greece is ready to complete a private-sector debt swap on time.

?We have a very constructive cooperation with the private sector,? Venizelos told reporters on Monday in Brussels before a meeting of Eurogroup, the eurozone’s 17 finance ministers.

?We are ready to finalize the procedure on time,? he said.

The Greek debt crisis will be in focus at Monday’s meeting in the Belgian capital, amid concerns that the stalled talks between Athens and its private-sector creditors could delay a broader bailout package.

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