according to Xinhua the eurozone Member States prepared to Greece to provide further financial assistance, saying that Greece cannot be scheduled early next year from the private market financing.
Greece is far from achieving the State deficit target of budget cuts. Eurozone officials estimate that Greece 2012 additional financing of nearly 30 billion euros (about US $ 43.2 billion).
recognition money
multi-country eurozone finance ministers over the weekend acknowledged that Greece may need to be from the European Union or other international bodies for more financial assistance.
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Japan Central Bank meeting summary of: should consider further provides financial help euro trend double whammy RMB on dollars exchange rate shocks go stability RMB shocks go stability AUD began plunged want more assistance Greece or required pledge base Zhang Tingbin: dollars of "Empire strikes back" euro to out two a structural opportunities [registration] listen to Wen Guoqing taught you copy end opportunity Luxembourg Prime Minister let-Claude Juncker said: "we think Greece assistance plan does need adjustment. "
United Kingdom Chancellor qiaozhi·aosiben says, modify the Greece aid plan" inevitable ".
United Kingdom 8th comments by the financial times, Greece for further financial assistance within the analysts generally expected, but eurozone officials speak openly about it means about Greece's turning point discussions occur in the future.
amount and how to involve further aid, European officials involved in the discussion that has not made a decision. Greece's Finance Minister qiaozhi·papakangsitan Ji Nu said on 7th, Greece may apply to the total amount of EUR 440 billion (US $ 634.3 billion) "European financial stabilisation mechanism" to issue bonds to obtain additional assistance.
papakangsitanjinu, said: "we must be completed with the temporary aid mechanism in Europe from 2012 to 2013 financing, because the market does not trust us. "
This means Greece giving up plans to return to the private market by the end of this year.
avoid recombinant
alternative options for additional assistance, the Government debt restructuring, Juncker said, that option has been ruled out.
European Central Bank Jean-keluode·telixiehe EU Member aoli·leien responsible for economic and Monetary Affairs believes that possible problems of the debt restructuring will more than likely solve the problem.
most eurozone policymakers against any form of Greece debt restructuring, including moderate slightly overdue repayment of debt options. France, the European Commission and the European Central Bank believes that any default behavior will be the collapse of efforts to restore investor confidence other heavily indebted countries, especially Ireland and Portugal.
Juncker also refuted the Greece talk of exiting the eurozone, described the rumours of collapse in the 6th lead euro "stupid".
6th small informal meeting of Finance Ministers of the eurozone a participating senior officials said, inviting papakangsitanjinu participating, efforts aimed at urging him to do more to promote before the privatization of State assets and tax evasion, not to seek more aid.
return to starting point
United States the Wall Street Journal on 9th review, European debt crisis after turning in a circle return to the starting point for 1 years ago, namely, how to save Greece from funding dried up.
eurozone finance ministers scheduled for early next week in Belgium Brussels Conference is expected to discuss Greece debt burden and additional assistance needs, as well as Greece extension requirements achieve the financial goals by the Government.
papakangsitanjinu said at the 6th meeting, Greece Government cannot by plans to reduce the budget deficit in 2014 to 3% per cent of gross domestic product target, deadline be extended to 2016.
other participating Finance Ministers questioned Greece the above requirements, in particular Germany. Officials said that Germany leaders believe Greece lost to take harsh measures to reform economic and political will of the public sector, want Greece to redouble their efforts, rather than slowing down this process.
Germany past few months suggested that countries which have received financial assistance, such as Greece and Ireland, if more drastic reform measures can in terms of financial assistance to obtain concessions.
