Greek PM to meet ECB chief Tuesday in Frankfurt: bank

22nd November 2011, Comments 0 comments

New Greek Prime Minister Lucas Papademos is to meet the new head of the European Central Bank, Mario Draghi, in Frankfurt Tuesday, a spokesman for the bank told AFP.

The "private visit" will be closed to the press, he added, without providing further details. The Greek government said the talks would take place at 6:00 pm (1700 GMT).

Papademos, a former ECB vice president, is on a whistle-stop tour of European institutions, sitting down with European Commission chief Jose Manuel Barroso and EU president Herman Van Rompuy and eurozone head Jean-Claude Juncker.

Debt-mired Greece is waiting for eight billion euro ($11 billion) in loans from an EU-International Monetary Fund bailout which have been frozen since August and are essential to keeping a potential default in December at bay.

The funds would pave the way for implementation of a new Greek bailout deal worth 230 billion euros agreed by eurozone leaders last month.

© 2011 AFP

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