Greece meets IMF, finmin says not seeking aid

Fri Jan 29, 2010 6:41am EST
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DAVOS, Switzerland (Reuters) - Greece was meeting the International Monetary Fund at the World Economic Forum but its finance minister told Reuters it was not seeking financial aid.

George Papaconstantinou was meeting with IMF Managing Director Dominique Strauss-Kahn around 1100 GMT on Friday on the sidelines of the WEF here in Davos.

Asked by Reuters ahead of the session if Greece was not at the stage of seeking IMF financial help, he said: "Yes."

Greece is receiving technical advice from the fund on ways to reduce its budget deficit, which hit 12.7 percent of GDP last year causing market concerns it cannot service its debt and would need a bailout.