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Saturday 11 February 2012
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Venizelos: complete details of new support programGreek Finance Minister Evangelos Venizelos called European finance ministers to complete all technical details of a new support program for Greece by the end of August and before the release of a sixth tranche of a 110-bln-euro loan agreement, during a Eurogroup meeting in Brussels on Monday.According to sources, the Greek minister urged his Eurogroup counterparts to send to markets a clear message of stability in the Eurozone as the implementation of a lending program was a precondition for the sustainability of the public debt and the sustainability of the public debt was the basis of the program.ana-mpaEurogroup sources said the Greek minister acknowledged the difficulty facing several governments to participate in a new lending program to Greece without the participation of the private sector, while he stressed that he also acknowledged the European Central Bank's role in securing liquidity for Greece and the Greek economy in general. more from daily news »


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