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Lazard says hired by Greece for financial advice

LONDON, May 4 (Reuters) - The Greek government has hired investment bank Lazard to give it general financial advice, a spokesperson from Lazard said on Tuesday.

“Lazard has been hired to advise the Greek authorities,” the spokesperson said, declining to give further information on the type of advice.

Lazard is currently involved with more than 70 restructuring deals in over 20 industry sectors worldwide, according to the bank’s website.

Lazard has recently advised Argentina, Ecuador and Ivory Coast on sovereign debt restructuring.

There has been intense speculation prior to this weekend’s international bail-out package for Greece that Athens may be forced to consider some restructuring of its debts.

Reporting by Carolyn Cohn; editing by Mike Dolan

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