Thursday, February 11, 2010

EU to Press Greece on Budget, Stop Short on Aid, Official Says

By Tony Czuczka and Brian Parkin

Feb. 10 (Bloomberg) -- European Union leaders meeting in Brussels tomorrow will probably press Greece to present more detailed budget cuts and stop short of announcing an aid package for the debt-stricken nation, a German government official said.

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Traderone: So it seems that there is no confirmed bailed out. This will drive the Euro down further.

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