Friday, April 16, 2010

Euro officials say no Greek request so far

MADRID (AP) -- Eurozone officials say Greece did not request financial help at a Friday meeting of all 16 countries that use the euro.

Greece's mounting debt and high cost of borrowings saw it ask for potential bailout loans of at least euro30 billion from other euro nations and the International Monetary Fund last week.

Jean-Claude Juncker, the head of the group of eurozone finance ministers said "the Greek authorities did not put forward a request" for these loans to be paid out and there was no indication that they would in coming days.

Greece has asked for Monday talks on possible loans with EU and IMF officials.

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