UPDATE 1-Greece on course, whether or not EU offers aid – PM

* Greek PM says reforms on track, with or without EU aid

* Says any aid deal should be European

(Adds quotes)

BRUSSELS, March 25 (BestGrowthStock) – Greek reforms are on the
right track and will continue to be so, regardless of whether
European Union leaders offer Athens a financial safety net at a
summit on Thursday, Greek Prime Minister George Papandreou said.

He told reporters before the start of the EU summit in
Brussels that any solution that was offered to help Greece
tackle its debt problems should come from Europe.

“Greece is determined to deal with its own problems, put its
own house in order. We have already made very important and
courageous decisions, embarked on a journey of major radical
reform.,” he said.

“Our country is on a journey of becoming a viable,
prosperous, more transparent and more just economy.”

He said a government austerity package, intended to reduce
Greece’s deficit and debt problems, had already started to
produce tangible results.

Greece has not asked for EU financial assistance but says a
standby aid package could help reassure nervous financial
markets and investors.

EU leaders have not agreed yet whether they will offer
Athens such a safety net during their summit. They are divided
over what role, if any, the International Monetary Fund should
play in helping Greece.

“We are on the right track. We will move ahead. Whatever the
decision taken today, Greece will move ahead in a positive
manner and in the right direction,” Papandreou said.

“Of course today, the challenge is a European one … for
making sure we fortify the euro zone, we strengthen the euro
currency and we stabilise the euro currency and the European
Union.”

Stock Market Money

(Reporting by David Brunnstrom, writing by Timothy Heritage,
editing by Dale Hudson)

UPDATE 1-Greece on course, whether or not EU offers aid – PM