Tuesday, May 10, 2011

Greece categorically rejects reports it was discussing new 60 billion euros support loan

Greece on Tuesday categorically rejected press reports alleging that the country was asking for a new support loan worth 60 billion euros. 
A Finance ministry official, speaking to ANA-MPA, said "the country is not discussing an agreement to approve a new support loan worth 60 billion euros," adding that "discussions currently between European Union Finance ministers are focusing on finding a convincing solution ensuring that Greece will be able to meet its borrowing needs in 2012. There are no details on discussions held so far". 
Earlier, a Wall Street Journal report said that Greece was currently discussing a new support loan worth 60 billion euros to cover its borrowing needs up to 2013. 





ANA-MPA