Greek Finance Minister Evangelos Venizelostold CNBC thathis country had a new start after securing a second bailout following last week's debt-swap deal with private sector bondholders.

Venizelos said the technical default his country suffered after using collective action clauses (CACs) in the deal with private creditor, which was deemed as a technical default by the International Association of Swaps and Derivatives (ISDA), will not affect Greece's real economy, where he described it as something internal, between banks and financial entities.

He also described his confidence in seeing a high participation in foreign-law bonds after its deadline has been extended till March 23.