Saturday, April 2, 2011

Greece prays for small rate rise

Financial Times
April 2, 2011

George Papaconstantinou, Greece's minister for finance, says that upcoming interest rate rises expected by the European Central Bank are of concern to the indebted country. However, he tells the FT's John Thornhill that he believes as long as the rise is small then it should not make a significant difference to its sovereign debt.

See the video

No comments: