Greece might turn to EFSF as markets "disbelieve"

The mythical Mount Olympus in northern Greece....                                              
George Papaconstantinou, finance minister for Greece, said officials are looking into having the European Financial Stability Facility buy Greek government debt if the country remains shut out of capital markets. "The markets continue to disbelieve in our country," Papaconstantinou said. "We have to plan our next steps for 2012, for 2013." Expanding Greece's €110 billion aid package might require the country to provide collateral, such as revenues from asset sales or assets, a source said. Full story here

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