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EU official calls for concrete deal on aid for Greece
BRUSSELS, March 19 (Xinhua) -- The European Union (EU) top economic official called on Friday for a concrete deal at a summit next week on possible aid for Greece amid its debt crisis.
"It is important that the EU in the course of next week comes to a more specific conclusion, specific political conclusion about the European framework for coordinated and conditional action, if needed and required," EU Economic and Monetary Affairs Commissioner Olli Rehn told reporters. Full story
Greek labor union: Unions in Europe to take action if EU fails to help
ATHENS, March 18 (Xinhua) -- Labor unions across Europe will take action as Greece is left alone in the economic crisis by other short-sighted European Union member states, Yannis Panagopoulos, president of umbrella labor union GSEE, told Xinhua in an interview.
"The solidarity of other European labor unions has been impressive. We witness the phenomenon of German labor unions denouncing their government's unwillingness to back Greece," Panagopoulos said, referring to the fact that Berlin, together with other EU member states, is still not offering Greece enough support to solve its fiscal crisis. Full story
Greek PM: Greece will not ask for financial aid from anybody
ATHENS, March 18 (Xinhua) -- Greece will not ask for financial aid from anybody, Greek Prime Minister George Papandreou said during a cabinet meeting on the new tax bill here on Thursday.
"We are willing to find the solution on our own," Papandreou stressed upon his return from Brussels earlier in the day, adding that Athens still expects though a stronger message of political support by other European partners at the EU summit on March 25. Full story
Greece threatens to go to IMF if EU fails to deliver aid plan
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| President of European Commission Jose Manuel Barroso (R) and visiting Greek Prime Minister George Papandreou attend a press conference after their meeting at the EU headquarters in Brussels, Belgium, March 17, 2010. (Xinhua/Wu Wei) |
BRUSSELS, March 18 (Xinhua) -- Greek Prime Minister George Papandreou Thursday called for a clear European Union (EU) aid plan for his debt-laden country or he would turn to the International Monetary Fund (IMF). Full story
