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It's pay day for Greece

08-21-2012 13:01 BJT

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3.2 billion Euros worth of government issued bonds are set to mature in Greece today, which begins a crutial week for the nation. Greece’s Finance Minister says staying in the euro zone is the only option for the country to recover from its year-long debt crisis.

But even if Greece stays in the bloc, the path obviously will still be rocky. For more details, we are joined by Eirini Zarkadoula in Athens.

Hi Eirini, the bond held by the European Central Bank matured today, August 20th. Greece managed to secure the money to repay the ECB. What details can you give us?

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