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"There are many ideas floating out there," said the official, adding that a final deal would have to be reached at a meeting of European finance ministers scheduled for June 20. The ministry representatives, who will meet again Wednesday in Vienna, are discussing potential "technical assistance" for Greece in tax collection and the privatization program, the official said. Such international involvement in the internal financial affairs of a eurozone country would constitute an unprecedented intervention likely to face strong opposition within Greece. On top of that, some countries have pushed for Greece to provide collateral for any further loans. Earlier this month, European policymakers also raised the possibility of asking private creditors like banks and investment funds to give Greece more time to repay its bonds, but such a move has been strictly opposed by the ECB. Such a "reprofiling" of private debt is "not off the table" yet, the official said.
[Associated
Press;
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