Greece's Finance Minister Yanis Varoufakis walks in a central street during a May Day rally in Athens, Greece, Friday, May 1, 2015. (AP Photo/Yorgos Karahalis)
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Greek Finance Minister Yanis Varoufakis said on Saturday that Greece could manage without a new "loan" if its debt was restructured, as the country waits to find out if it has secured critically-needed bailout funds.Greece, which needs a deal to unblock 7.2 billion euros ($8 billion) from its EU-IMF bailout before state coffers run dry, last week resumed talks with its international creditors.Greece needs to repay almost a billion euros in debt and interest to the IMF by May 12 .Unless an agreement is reached to unlock the remaining EU-IMF bailout money, the debt-ridden country faces default and a possible exit from the euro.
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