GREECE: Deutsche Bank Chief Executive Josef Ackermann meets Greek government officials in Athens

Record ID: 563019

  • Title: GREECE: Deutsche Bank Chief Executive Josef Ackermann meets Greek government officials in Athens
  • Date: 27th February 2010
  • Summary: ATHENS, GREECE (FEBRUARY 26, 2010) (REUTERS) EXTERIOR OF GREEK PARLIAMENT FLAG (SOUNDBITE) (English) JOSEF ACKERMANN, CHIEF EXECUTIVE OF DEUTSCHE BANK WHEN ASKED IF THERE IS ANY DEAL, SAYING: "No, I am regularly in Greece because I love Greece, beautiful weather, and then I normally see clients and government officials. This time I had the honour also to meet the Prime Minister and we had very constructive dialogue on the global situation...(REPORTER ASKS WILL THERE BE AN AID PACKAGE FOR GREECE) No comment. No comment" ACKERMANN GETTING INTO CAR AND LEAVING
  • Embargoed: 14th March 2010 12:00
  • Keywords:
  • Location: Greece
  • Country: Greece
  • Topics: International Relations,Economic News
  • Reuters ID: LVAD9JGZ3AVE73BMAY9DAFRLAUCO
  • Story Text: Deutsche Bank Chief Executive Josef Ackermann met Greek government officials in Athens on Friday (February 26) but declined to comment on any special package to help the country raise enough money to cover its debt.
    Ackermann said he was on a normal visit after meeting with Greek Prime Minister George Papandreou and Finance Minister George Papaconstantinou.
    Deutsche Bank, Germany's flagship lender, which helped manage the Greek government's latest bond issuance, declined to elaborate about the nature of the talks.
    He said he was regularly in Greece because he loved the country and its beautiful weather. During visits he normally saw clients and government officials.
    "This time I had the honour also to meet the Prime Minister and we had very constructive dialogue on the global situation," he said.
    When asked if there was to be an aid package for Greece, he said "No comment. No comment."
    Greece is preparing for its second bond issue this year, possibly in early March, to raise about 20 billion euros ($26.95 billion) to cover maturing debt in April and May.
    German banks, the third-biggest creditors of Greece after peers in France and Switzerland, are reluctant to add to their exposure to Greece at a time when the Mediterranean country is desperate to shore up its finances.
  • Copyright Holder: REUTERS
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