CNBC headline EU help for Greece unfounded
By Daniel at 9 February, 2010, 2:24 pm
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An apparent agreement by European governments to support struggling euro-zone member Greece was thrown into doubt after a German official called a report of the accord “unfounded.”
A senior German coalition source told Reuters on Tuesday that the Euro zone governments had agreed in principle to consider various options, including bilateral aid.
“The decision on help for Greece has been taken in principle within the euro zone,” the source said.
The comments were the first clear sign that European economic heavyweight Germany may be ready to step in to stave off a crisis of confidence in the 16-nation currency bloc that has roiled markets around the globe.
But a German government spokesman later said the comments are “unfounded.”
http://www.cnbc.com/id/35313749
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