HC Deb 28 May 1936 vol 312 c2218W

asked the Financial Secretary to the Treasury whether the British Government has received any communications recently from the Greek Government in regard to the payment of interest on the Six per cent. Greek Government Loan, largely subscribed by British citizens under the auspices of the League of Nations?


After having been in default on the service of their foreign debt including the 6 per cent. Stabilisation Loan, 1928, since April, 1935, the Greek Government undertook in March to send a delegation to London to resume direct negotiations with the representatives of the bondholders. These discussions were to have been begun early in May, but were postponed by the Greek Government. Representations on this matter have been made to the Greek Government by His Majesty's Representative at Athens, expressing the regret of His Majesty's Government that up to the present the Greek Government should not have fulfilled their undertaking to the representatives of the bondholders.

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