Greece may ask for fresh bail-out / European officials to revamp Greek aid

Article reports that Greece was considering a further bail-out by the eurozone later in 2011 as prospects faded for a return by Athens to international capital markets.

Finance Minister George Papaconstantinou said after an unofficial meeting of eurozone finance ministers in Luxembourg late on the 6 May 2011 that Greece hoped instead to secure medium-term funding from the EU’s new financing facility.

Kathimerini, 8.5.11: Britain rules itself out of new Greek bailout http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_17593_08/05/2011_390034

ESO: Background information: Athens Mulls Plans for New Currency. Greece Considers Exit from Euro Zone http://www.europeansources.info/record/athens-mulls-plans-for-new-currency-greece-considers-exit-from-euro-zone/

Kathimerini, 8.5.11: New policy mix is required http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_7839_08/05/2011_390064

Kathimerini, 9.5.11: New loan deal may be in the pipeline http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_10_09/05/2011_390233

EurActiv, 11.5.11: Merkel does not rule out new aid for Greece http://www.euractiv.com/en/euro-finance/merkel-rule-new-aid-greece-news-504726

EurActiv, 9.5.11: Euro zone's 'big four' hold secretive talks over Greece http://www.euractiv.com/euro-finance/euro-zone-big-hold-secretive-talks-greece-news-504627

Handelsblatt, 11.5.11: Germany braces to answer Athens' call (via PressEurop) http://www.presseurop.eu/en/content/news-brief-cover/647821-germany-braces-answer-athens-call

EUObserver, 12.05.11: German economist: Greece should default now http://euobserver.com/9/32319

Spiegel Online International, 9.5.11: Europe Considers a New Bailout Package for Athens http://www.spiegel.de/international/europe/0,1518,761435,00.html

Spiegel Online International, 9.5.11: 'The Only Real Option Left for Greece Is Debt Restructuring' http://www.spiegel.de/international/europe/0,1518,761475,00.html

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