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Sunday, November 18, 2012

ECB's Asmussen: Greece to need aid beyond 2014

FILE - In this Nov. 14, 2011 file photo, Joerg Asmussen, European Central Bank board member, attends a news conference in Frankfurt, Germany. The European Central Bank board member says Greece will need international assistance beyond the agreed bailout programs through 2014. Asmussen told German public broadcaster ZDF on Sunday, Nov. 18, 2012 that Athens probably won’t be able to return to finance its debt on financial markets in 2015 and 2016, thus requiring a third assistance program. (AP Photo/ Mario Vedder, File)Greece will need yet more international financial assistance beyond the agreed bailout programs through 2014, a European Central Bank board member said Sunday.



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