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Greek prime minister says there are different schools of thought on how to further cut debt

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(Globalpost/GlobalPost)

WASHINGTON - Greece's prime minister says there are different schools of thought about how to get his nation's debt down to a sustainable level.

Prime Minister Antonis Samaras met International Monetary Fund chief Christine Lagarde on Tuesday in Washington but said they had not discussed any announcements about extending the maturities of some of Greece's debt or lowering interest rates.

Samaras spoke afterward at the Peterson Institute for International Economics, a think-tank .

His heavily indebted country is expected to talk later this year to its international creditors about possibly securing better terms on its loans by forgiving part of the debt, providing new loans on better terms or a combination of both.

Lagarde urged Samaras to press forward on structural changes to his economy, which include privatizations and improving tax collection.

http://www.globalpost.com/dispatch/news/the-canadian-press/131002/greek-prime-minister-says-there-are-different-schools-though