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Greek Finance Minister: Call for help worst possible signal

Posted on February 08, 2010

From Bloomberg: Greece Says Aid Call Would Send Worst Signal as Bonds Slide The worst possible signal which we could send out is one calling for outside help, [Greek Finance Minister George Papaconstantinou] said in an interview with Bloomberg Television in Athens yesterday. We will tackle the deficit, he said, adding that tax revenues in January exceeded forecasts by some percentage points. Maybe El Erian was right and it is a game of chicken: Europe has become a huge game of chicken, whereby the Greeks are waiting for help from the outside and donors are waiting for ...

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deficit , tax