Saturday, April 30, 2011

Lagarde: Greece Set On Implementing Basis For Recovery

French Finance Minister Christine Lagarde expressed expressed confidence in the Greek government΄s willingness to pull the country out of its debt crisis, according to Dow Jones Newswires.

Many market observers believe the country΄s debt burden will have to be restructured.

"I am confident that the Greek government is determined to apply a program that constitutes the basis of a recovery of the situation," Lagarde told reporters on Friday. 
 
 
 
 
 
 
SOURCE: CAPITAL