Greece seeks talks on €30bn rescue

Author (Person)
Series Title
Series Details 16.4.10
Publication Date 16/04/2010
Content Type

Article reports that Greece capitulated to market pressure on the 15 April 2010 and asked the European Commission for 'consultations' on a €30bn loan package to stave off default.

George Papaconstantinou, Finance Minister, said in a letter to the European Commission that the government wanted to discuss 'a multi-year economic policy programme with the Commission, the European Central Bank and the International Monetary Fund'.

Related Links
ESO: Background information: Eurozone makes €30bn Greek promise http://www.europeansources.info/record/eurozone-makes-e30bn-greek-promise/
ESO: Background information: Markets back €30bn Greece rescue http://www.europeansources.info/record/markets-back-e30bn-greece-rescue/
ESO: Background information: Merkel softens stance on aid for Athens http://www.europeansources.info/record/merkel-softens-stance-on-aid-for-athens/
BBC News, 15.4.10: Greece requests more talks about rescue loan package http://news.bbc.co.uk/1/hi/business/8622835.stm
Greece: Ministry of Economy and Finance http://www.mnec.gr/en/
Greece: Ministry of Economy and Finance: Press Release, 15.4.10: Letter from the Ministry of Finance to the European Commission, to the European Central Bank and to the International Monetary Fund http://www.mnec.gr/en/press_office/DeltiaTypou/articles/article0226.html
Kathimerini, 17.4.10: Premier urges Greece to get real about IMF http://www.ekathimerini.com/4dcgi/_w_articles_politics_100003_17/04/2010_116460
BBC News, 16.4.10: Greece moves towards loan package http://news.bbc.co.uk/1/hi/business/8624305.stm
Kathimerini, 16.4.10: Facing an inevitable truth http://www.ekathimerini.com/4dcgi/_w_articles_columns_100018_16/04/2010_116420

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