BRUSSELS (MNI) – The European Commission is confident that talks on
a multi-year programme for Greece will be concluded in the next few
days, European Commissioner for Economic and Monetary Affairs Olli Rehn
said on Thursday.
Details of an aid package for debt-stricken Greece, including the
terms of the lending and the conditions, are being hashed out in Athens
by delegations from the European Central Bank, the IMF and the European
Commission.
Rehn said he was in daily contact with the delegation, which was
working “day and night.”
He said he couldn’t give details of the plan today, but that the
programme would be a “multi-annual” plan, which would give Greece
“breathing space” from the financial markets.
Greece’s Eurozone partners and the International Monetary Fund have
offered the debt-stricken country a lifeline of loans worth E45 billion
this year and more in subsequent years.
–Brussels: 0032 487 (0) 32 803 665, echarlton@marketnews.com
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