Greece says borrowing needs covered until mid-March

LONDON | Sun Feb 21, 2010 4:48am EST

LONDON Feb 21 (Reuters) - Greece's borrowing needs are covered until mid-March, Greek Prime Minister George Papandreou said in an interview with BBC television broadcast on Sunday.

"At this point we don't have a need for borrowing, our borrowing needs are covered until mid-March," he said.

Papandreou said that despite street demonstrations against austerity measures his government has taken to tackle a debt crisis, he believed there was broad support in Greek society for painful economic reforms.

"It is painful but the Greek people are bearing that pain with great courage," he said. If we do need extra measures, we will take extra measures in order to reduce our deficit this year by 4 percent. We're ready to do so if necessary." (Reporting by Estelle Shirbon; editing by Karen Foster)

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