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| Θέμα: Papademos: Greece Faces Default Without Deal Τετ Ιαν 04, 2012 11:18 am | |
| Greek Prime Minister Lucas Papademos told business and union leaders today that a disorderly default in March was possible if his government didn't secure agreement with international creditors on a new economic plan. "In mid-January, talks begin with the troika which focus on shaping a credible economic adjustment plan for 2012 to 2015," Papademos said, according to an e-mailed transcript of his statements. "The implementation of the agreement to reduce the debt and continuation of financing of the country depends on that. Without this agreement with the troika and subsequent financing, Greece in March faces the immediate risk of a disorderly default." To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net | |
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