EU Says There Is No Plan to Bail Out Greece

The markets are likely to force some entity to write a check:

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EU Says There Is No Plan to Bail Out Greece

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EU Says There Is No Plan to Bail Out Greece

Feb. 22 (Bloomberg) — The European Union said there is no plan to bail out Greece.

“There is no such a plan,” EU spokesman Amadeu Altafaj told reporters in Brussels today. “This is a speculative scenario at this point in time.”

“I was reading the papers when I also realized that in fact that there is no such a plan,” Altafaj said. “I think that the extraordinary summit and the Ecofin said all that had to be said on this and there has never been such a request from the Greek authorities and that remains the case.”

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One Response to EU Says There Is No Plan to Bail Out Greece

  1. My p2pfoundation entry on Transfinancial Economics would be of great interest.

    Reply

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