PM: Poland to provide EUR 250mn guarantees, not cash, for Greece.

By bne IntelliNews June 20, 2011
Poland will participate in the mechanism of financial guarantees for Greece, like any other European Union member-state, PM Donald Tusk has announced after holding a meeting with the European Parliament's head Jerzy Buzek. He stressed that Poland planned EUR 250mn guarantees and no cash involvement and added that this move had been consulted with the finance minister and posed no threat for Poland's public finances. tom

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