World
        

Economy

UK says Greece may need more euro zone help

Updated: 2011-05-09 09:49

(Agencies)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

LONDON -- Greece's debt problems may require further help from euro zone countries but Britain is not keen to be part of any further rescue, finance minister George Osborne said on Sunday.

"We certainly don't want to be part of any bailout of Greece, a second bailout of Greece," he told the BBC.

Osborne said Greece's lack of access to international debt markets was problematic since last year's international rescue was based on the premise that such borrowing would resume.

"There are some very difficult questions that Greece has to address now because the whole assumption when the euro zone put together a rescue package last year was that Greece could come back into the market next year and borrow."

 

E-paper

War of the roses

European Chinese rose growers are beating their Chinese rivals at their own game

High-tech park gets big boost
At the source
Merchant of Venice

European Edition

Specials

2011 Sino-US Dialogue

China and the United States will hold the third round of the Strategic and Economic Dialogue from May 9-10 in Washington.

High-tech park gets big boost

Zhongguancun sets sights on being one of the top technology hubs in the world

Learning to close the gap

Thousands of students have benefited from Tibet middle school program set up outside the autonomous region

The Cixi story
Garbage problem
Bin Laden dead