Greece has formally placed a request to activate a €40-45 billion EU-IMF aid package, a day after new budget deficit figures revealed the country's 2009 shortfall to be worse than previously forecast.
The country's finance minister, George Papaconstantinou, transferred the message on Friday (23 April) in a letter addressed to Eurogroup President Jean-Claude Juncker, EU economy commissioner Olli Rehn and European Central Bank President Jean-Claude Trichet.
"In accordance with the...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login