Author (Person) | Kontogiannis, Dimitris |
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Series Title | Financial Times |
Series Details | 24.9.11 |
Publication Date | 24/09/2011 |
Content Type | News |
Article reported that Greece’s government scrambled to reassure investors on the 23 September 2011 that it would abide by the terms of a €110bn bail-out deal afer the country’s Finance Minister Evangelos Venizelos was quoted as telling ruling party legislators that a default that would see creditors lose half their money appeared to be Athens’ 'best' option. Ahead of a key German vote on expanding the eurozone rescue fund due on the 29 September 2011, Greek Prime Minister George Papandreou and German Chancellor Angela Merkel met in Berlin on the 27 September 2011 to discuss the state of the Greek economy. Mr Papandreou addressed the German Federation of Industry at its annual conference in Berlin. He told delegates that Greece had 'great potential' and can emerge from its deep economic crisis. |
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Countries / Regions | Greece |
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