Greece is asking for…money

As it was informed by "Market Leader (US)"

Greece is asking for…money

Forex news. Today Greek Prime Minister Lucas Papandemos, for the first time in his new position, is visiting Brussels in order to have a planned meeting with the President of the European Commission Jose Manuel Barroso and the President of the European Council Herman Van Rompuy.
In several weeks Greece will face default, whereas so much needed and already allocated 8-billion tranche of financial support remains blocked from the moment when former Premier Georgios Papandreou decided to share the responsibility for taking major decisions by holding a referendum.
Lucas Papandemos is to solve the problems of bringing back financial support and receiving new tranches. In addition, he is supposed to hold negotiations on the debt remission procedure stipulated by October agreement. Therefore, he is not going to waste his time and will come to Luxembourg tomorrow in order to meet the President of Eurogroup Jean-Claude Juncker.