Greece's finance minister is continuing his tour of European capitals with a visit to London, after receiving backing from France for efforts to ease the terms of a 240 billion-euro ($270 billion) bailout.

Though Britain is not part of the euro, Yanis Varoufakis wants to build rapport with U.K. Treasury chief George Osborne with face-to-face talks.

Osborne said Monday he welcomes the opportunity for talks with Varoufakis to discuss "the stability of the European economy and how to boost its growth."

Varoufakis took office last week after the radical left Syriza party won parliamentary elections, alarming investors and eurozone governments. Party leader and new Prime Minister Alexis Tsipras has said he wants to end years of austerity and renegotiate Greece's debts.