Greece says not seeking EU taxpayers’ money

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Greek Prime Minister George Papandreou said on Wednesday his debt-stricken country was not seeking European taxpayers’ money but needed a breathing space to cut its budget deficit and borrow “on normal conditions”.

He made the comments after European Union finance ministers told Greece it will have to take additional austerity measures to achieve steep deficit reduction targets this year.

Full story: Greece Says Not seeking EU Taxpayers’ Money via