BRUSSELS, March 13 (BestGrowthStock) – The euro zone has not agreed
a deal on financial support for heavily indebted Greece, but
technical work is continuing and the Commission stands ready to
act if need be, a spokesman for the European Union executive
said on Saturday.
Asked whether the 16 euro zone members had reached a deal on
financial support for Greece, European Commission spokesman
Jonathan Todd said: “The Commission stands ready to act if
necessary. Technical work is ongoing and has not yet been
concluded. All the rest is speculation.”
Britain’s Guardian newspaper on Saturday quoted an unnamed
senior European Commission official saying euro zone members had
agreed on “coordinated bilateral contributions” in the form of
loans or loan guarantees if Greece asks the EU for help.
(Reporting by Pete Harrison; editing by Patrick Graham)
EU Commission says no deal concluded on Greece
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