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Greece strongly rejects rumors on default within weekend


12:47, September 10, 2011

ATHENS, Sept. 9 (Xinhua) -- Greece strongly rejected on Friday evening rumors over a Greek default within this weekend as a speculation against the country and euro, according to a press release issued by the Finance Ministry.

"This is a game of a very bad taste, an orchestrated speculation that is targeting the euro and the euro area as a whole," said Greek Deputy Prime Minister and Finance Minister Evangelos Venizelos, commenting on a new round of reports in international media regarding a possible imminent Greek default and a German Plan B for the protection of German banks.

Citing German officials who spoke on anonymity and an anonymous e-mail that circulated between international market players, some international media reported on Friday that there are indications that debt-ridden Greece will go bankrupt over the next two days.

"Greece's fundamental choice and priority is to fully and entirely implement the July 21 decisions and, of course, to wholly fulfill its obligations that derive from the agreements reached between Greece and its partners," stressed Venizelos in the statement that was e-mailed to Greek media.

"It is not the first time that we see an organized wave of 'rumors' about an upcoming Greek default," noted the Greek official.

In statements in local television channel "Mega" Greek government spokesman Elias Mossialos talked of "irresponsible" reports, noting that there was a similar climate last spring, when media reports forecast a Greek default on Easter day.

It is up to the German government to dismiss quotes attributed to anonymous German officials, stressed Mossialos.


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