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Putin calms Greece, says U.S. debt big too

The Globe and Mail - 20th Feb 2010

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Vladimir Putin: Russian Prime Minister Vladimir Putin, right, and Greek Prime Minister George Papandreou seen at a news conference in Moscow, Tuesday, Feb. 16, 2010. Russian PM plays down Greece's economic woes, telling his visiting Greek counterpart the U.S. is no better than Greece in handling its Debt and fiscal Deficit Print or License

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ATHENS - Greece says a complex Debt deal with Investment bank Goldman Sachs that has come under scrutiny by the European Union was above board, and will be explained in a letter being sent by the finance minister to the European Union. The EU’s top economy official, Olli Rehn, gave the Greek government until today to supply answers on how it used transactions known as currency swaps and how that affected the country’s Debt and Deficit figures. Athens insists the 2001 Goldman...

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