October 2, 2010 / 2:33 PM / 9 years ago

Chinese Premier Wen says intends to buy Greek bonds

ATHENS, Oct 2 (Reuters) - China intends to buy bonds issued by Greece, Chinese Premier Wen Jiabao said on Saturday during a two-day visit to Greece.

“With its foreign exchange reserves, China has already bought and intends to buy new Greek bonds,” Wen told reporters, speaking through an interpreter. “China will undertake a great effort to support euro zone countries and Greece to overcome the crisis.”

Greece, which is funded by a 110-billion euro EU/IMF bailout, has said it wants to return to markets sometime next year although the EU/IMF package allows it to wait until 2012. (Reporting by Harry Papachristou and George Georgiopoulos; Writing by Ingrid Melander)

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