Tuesday, May 31, 2011

EU’s Juncker Sees Definitive Answer on Greece by End of June

Bloomberg
May 31, 2011

Luxembourg’s Jean-Claude Juncker, who leads the group of euro-area finance ministers, said a “definitive answer” to Greece’s debt crisis should be reached by the end of next month.

“We will try to solve the Greek problem by the end of June,” Juncker told reporters in Paris today. The assessment by a team of officials from the European Union, the International Monetary Fund and the European Central Bank “will partly determine our position” on Greece, he said.

“We are waiting for their final judgment, their position that will partly determine our position,” Juncker said. “So it’s too early before receiving their report early next week to bring a definitive answer. I am rather optimistic.”

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