DAVOS-Greece meets IMF, finmin says not seeking aid

DAVOS, Switzerland, Jan 29 (BestGrowthStock) – Greece was meeting
the International Monetary Fund at the World Economic Forum but
its finance minister told Reuters it was not seeking financial
aid.

George Papaconstantinou was meeting with IMF Managing
Director Dominique Strauss-Kahn around 1100 GMT on Friday on the
sidelines of the WEF here in Davos.

Asked by Reuters ahead of the session if Greece was not at
the stage of seeking IMF financial help, he said: “Yes.”

Greece is receiving technical advice from the fund on ways
to reduce its budget deficit, which hit 12.7 percent of GDP last
year causing market concerns it cannot service its debt and
would need a bailout.

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DAVOS-Greece meets IMF, finmin says not seeking aid