HomeNewsBusinessCompaniesHad no discussion about default: Greek finance minister
Trending Topics

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
Story continues below Advertisement

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

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!