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    HomeNewsBusinessCompaniesHad no discussion about default: Greek finance minister

    Had no discussion about default: Greek finance minister

    Greek Finance Minister Evangelos Venizelos said on Tuesday there had been no discussion of Greece defaulting on its debts.

    October 04, 2011 / 17:25 IST

    Greek Finance Minister Evangelos Venizelos said on Tuesday there had been no discussion of Greece defaulting on its debts.


    "There is no discussion of default," Venizelos told a news conference.


    He said Greece could wait until mid-November to receive a tranche of EU/IMF aid, as had been announced on Monday at a meeting of euro zone finance ministers.

    Greece would miss its deficit target this year because of a worse than expected recession, and support from the public was needed to ensure it meets its new target, he said.

    first published: Oct 4, 2011 04:40 pm

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