Sunday, May. 20, 2012 |
Juncker backs special account for Greek debt interest
Page last updated at 07:11 GMT, Tuesday, February 7, 2012 - 12:11 EST
AFP:
Luxembourg Prime Minister and Eurogroup President Jean-Claude Juncker
All photographs come from the aforementioned news sources, and full copyright ownership is maintained by those sources. This site uses the images purely for reference to the original source and educational purposes, and does not profit in any way from their use.
Eurogroup chief Jean-Claude Juncker lent support to a Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest payments on its massive debt.
The Luxembourg prime minister told Berlin's RBB Inforadio that the idea, put forward Monday at a meeting of Chancellor Angela Merkel of Germany and French President Nicolas Sarkozy in Paris, was worthy of consideration.
"As always, the devil is in the details but the idea to try to ensure that our Greek friends also pay back their debts by means of a special account is not an absurd one," he said.
Juncker said that the idea now needed to be fleshed out with further detailed proposals.
- Login or register to post comments
Greece-World News
Greece tourism hit by euro crisis (AFP: May. 20)
Nightmare foretold if Greece heads for euro exit (Reuters India: May. 18)
Former Thessaloniki mayor sent to court (May. 16)
Greeks withdraw money from banks as worries grow (BBC: May. 16) 
2 comments
2 comments Suicides up 22% in 2009-2011 (May. 12)
On Greek economy, who will blink first? (May. 20)
Greek exit talk edges euro towards tipping point (AFP: May. 20)
Greece 'needs austerity programmes' (AFP: May. 20)
Greece bridles at Merkel referendum suggestion (AFP: May. 19)
Merkel 'suggests Greek referendum on euro membership' (BBC: May. 18) 5 comments
5 comments Greek bank credit ratings cut (May. 18)
Greek banks strain for cash (CNN Money: May. 18)
End of the Marathon: The Meaning of Greece's 'Bank Jog' (The Atlantic: May. 17)
Greek banks may be nearing complete collapse (CBS News: May. 16)
Greek GDP dives as crisis hammers economy (Reuters UK: May. 15)
Deadly northern Italy earthquake hits heritage sites (BBC: May. 20)
A random act of kindness lifts spirits in London (MSNBC: May. 19)
Cameron backs Hollande deficit plans (AFP: May. 18)
Europe thinks the unthinkable on Greece (Reuters: May. 18)
Beckham thrilled about carrying Olympic flame (Associated Press: May. 18)
Chinese entities world's biggest economic spies-Pentagon (Reuters: May. 19)
G8 leaders take up eurozone crisis, possible Greek exit (CNN: May. 19)
Thousands protest in Chicago ahead of NATO summit (Reuters India: May. 18)
Forget Greece, China Biggest Risk to Global Economy: Faber (CNBC: May. 18)
Greek euro exit looms as G8 gathers (AFP: May. 18)
Top Stories - Picks
Greek exit talk edges euro towards tipping point (AFP: May. 20)
Apocalypse Fairly Soon (IHT: May. 19) 1 comment
1 comment Greece bridles at Merkel referendum suggestion (AFP: May. 19)
G8 leaders take up eurozone crisis, possible Greek exit (CNN: May. 19)
Chinese entities world's biggest economic spies-Pentagon (Reuters: May. 19)
Rising Greek political star, foe of austerity, puts Europe on edge (New York Times: May. 19)
Greece tourism hit by euro crisis (AFP: May. 20)
Deadly northern Italy earthquake hits heritage sites (BBC: May. 20)
A random act of kindness lifts spirits in London (MSNBC: May. 19)
Greece 'needs austerity programmes' (AFP: May. 20)
The Greek run (The Economist: May. 17) 4 comments
4 comments Greeks withdraw money from banks as worries grow (BBC: May. 16) 2 comments
2 comments Greek Syriza leader Tsipras attacks EU and Merkel (BBC: May. 16) 2 comments
2 comments Santos names experienced Greece provisional squad (Reuters: May. 17) 1 comment
1 comment JPMorgan executive out after $2bn loss (BBC: May. 14)
Chrysi Avgi blasted over Holocaust comments (eKathimerini: May. 15) 1 comment
1 comment Light-powered bionic eye invented (BBC: May. 14)
Nightmare foretold if Greece heads for euro exit (Reuters India: May. 18)
Athens in limbo as radical leftist waits in the wings (The Telegraph: May. 16) 2 comments
2 comments Merkel 'suggests Greek referendum on euro membership' (BBC: May. 18) 5 comments
5 comments The Greek run (The Economist: May. 17) 4 comments
4 comments Wordpress suspends Chrysi Avgi's blog (May. 10) 4 comments
4 comments Thessaloniki mayor proposes ban on any 'Nazi parties' (May. 9) 4 comments
4 comments Greece stalls on cabinet as EU pressure mounts (AFP: May. 11) 3 comments
3 comments Greek coalition talks end in stalemate (May. 7) 3 comments
3 comments Greek conservatives must form coalition government (May. 7) 3 comments
3 comments Threats against the country will be faced effectively, caretaker FM said (May. 18) 2 comments
2 comments Greek party most extreme of Europe's far right (CBS News: May. 18) 2 comments
2 comments Greek Syriza leader Tsipras attacks EU and Merkel (BBC: May. 16) 2 comments
2 comments -
Merkel 'suggests Greek referendum on euro membership'
-
Merkel 'suggests Greek referendum on euro membership'
-
Merkel 'suggests Greek referendum on euro membership'
-
Greek party most extreme of Europe's far right
-
Apocalypse Fairly Soon
-
Greek party most extreme of Europe's far right
-
Merkel urges Greece to resolve political instability
-
Threats against the country will be faced effectively, caretaker FM said
-
Merkel 'suggests Greek referendum on euro membership'
-
Credit conditions deteriorate in Greece
