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Greece Expects EU Partners to Honor Pledge to Help Member State - BusinessWeek
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Thursday September 9, 2010

Bloomberg

Greece Expects EU Partners to Honor Pledge to Help Member State

March 03, 2010, 9:30 AM EST

By Christos Ziotis

March 3 (Bloomberg) -- Greece expects its European Union partners to honor their pledge to help a fellow member of the bloc, Finance Minister George Papaconstantinou said today, after the government announced an additional austerity package demanded by the EU.

“We expect that our partners will honor their promise to help a member state after doing what is necessary,” he told reporters in Athens today. Papaconstantinou also said that Greece cannot continue to borrow at “such rates.”

To contact the reporter on this story: Christos Ziotis in Athens at cziotis@bloomberg.net

To contact the editor responsible for this story: Jeffrey Donovan at jdonovan26@bloomberg.net

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