• EU Juncker: “Need to stimulate growth in Greece”

Market news

29 February 2012

EU Juncker: “Need to stimulate growth in Greece”

  • Must ensure sucessful Greek prog with surveillance.

  • Have to consider 2nd Greek plan adopted in principle.

  • Doesn't think Ireland to need extra support from ESM.

  • Some think gradual ESM payments too timid and should be paid in 2 tranches, not 5.

  • ESM capacity to be reviewed, but not tomorrow. Will decide on capacity later in March.

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