ECB's Trichet: Greece Is a European Concern, Not an IMF Concern

Filed under: International Markets

The head of one of the world's most powerful central banks is on record with his view that Greece's fiscal crisis should be resolved via a Europe-centric solution.



A day after Greek Prime Minister George Papandreou said his government may go to the International Monetary Fund for aid, if needed, European Central Bank President Jean-Claude Trichet said he doesn't see that as a suitable option.



"I don't trust that it would be appropriate to have the introduction of the IMF as a supplier of help," Trichet said at press conference, Bloomberg News reported Thursday. However, Trichet also praised the IMF for providing Greece with technical assistance as it addresses its budget deficit, marketwatch.com reported Thursday.

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ECB's Trichet: Greece Is a European Concern, Not an IMF Concern originally appeared on BloggingStocks on Thu, 04 Mar 2010 17:30:00 EST. Please see our terms for use of feeds.

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