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9/24/11

Greece vows no default on loans at UN meeting

Greece's foreign minister has been telling leaders gathered at the United Nations General Assembly that his country is committed to paying back its loans and moving forward with economic reforms.

Stavros Lambrinidis said in an interview with The Associated Press on Friday that he has also been raising concerns about what he described as Turkey's bellicose rhetoric on Israel and Cyprus.

Lambrinidis was referring to Turkish threats to provide military escorts to aide ships headed for Gaza, following a deadly Israeli commando raid in June 2010 on a Turkish boat containing pro-Palestinian activists.

For more: Greece vows no default on loans at UN meeting - seattlepi.com

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