Greece, which needs to borrow or refinance €53 billion in 2010, has turned to Germany in particular and the European Union in general to ask for a clear message that they back Athens’s austerity measures. Greek Deputy Foreign Minister Dimitris Droutsas Thursday morning 4 March asked for the support in order to help Greek financial markets, to allow the country to borrow more cheaply. Wednesday, US and EU regulatory officials said they were examining trading in the euro, as a result of the Greek financial crisis impact on the euro currency market.

Links to other sites: Financial Times, Reuters

You can leave a response, or trackback from your own site.