BRUSSELS (MNI) – Legal processes for approving aid to Greece,
should it be needed, are progressing satisfactorily in all eurozone
member states, Eurogroup President and Luxembourg Finance
Minister Jean-Claude Juncker said on Friday.
Eurozone ministers Sunday made an offer of up to E30 billion in
bilateral loans to heavily-indebted Greece, which will be combined with
extra loans from the International Monetary Fund.
But the markets have continued to pressure Greece because of
concerns that legal proceedings in some countries could hinder the
ability of the Eurozone countries to give aid.
“Almost all has been said,” on Greece, Juncker told reporters in
Madrid after a meeting of finance ministers here Friday. But he stressed
that Greece has not asked for aid yet.
Juncker said legal proceedings in all of the Eurozone countries are
“proceeding satisfactorily.”
–Brussels: 0032 487 (0) 32 803 665, echarlton@marketnews.com
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