Barroso: E.U. ready to provide Greek aid if asked

Discussion in 'Wall St. News' started by ASusilovic, Mar 19, 2010.

  1. LONDON (MarketWatch) -- Euro-zone countries, including Germany, are prepared to extend aid to Greece if asked, European Commission President Jose Manuel Barroso told a French radio channel in an interview to be broadcast Saturday, Dow Jones Newswires reported. "Germany is ready in case Greece needs it, and so far Greece has not asked for financial support," Barroso said. Greek Prime Minister George Papandreou on Thursday said he wants a firm pledge of financial support at a summit of E.U. leaders next week. The Wall Street Journal reported that Germany has signaled it's open to a joint bailout by European governments and the International Monetary Fund if needed.

    http://www.marketwatch.com/story/barroso-eu-ready-to-provide-greek-aid-if-asked-2010-03-19