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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on May 07, 2011, 05:27:53 am

Title: ECB Denies Greece to Exit Euro
Post by: Hemant on May 07, 2011, 05:27:53 am
ECB Denies Greece to Exit Euro

European nations may provide more aid to Greece, recipient of the first euro-area bailout, as it struggles to reduce a debt load that some investors say will lead to a restructuring.

?We think that Greece does need a further adjustment program,? Luxembourg Prime Minister Jean-Claude Juncker, who chairs the group of euro-area finance ministers, said after an unscheduled meeting of European Union officials last night in Luxembourg. ?This has to be discussed in detail? at this month?s gathering of finance chiefs.

Source: ECB Denies Greece to Exit Euro (http://www.marketracks.com/economy/ecb-denies-greece-to-exit-euro/forward/437/)