Greek PM vows debts will be repaid
Greece's prime minister has dismissed the possibility of delaying debt repayments, a notion that has divided top European officials and kept investors on edge.
Prime Minister George Papandreou, whose country is relying on a 110 billion euro (£96 billion) bailout package to save it from bankruptcy, said on Friday that "we will pay back the loans".
Many observers have said the sheer size of Greece's debt means the country cannot avoid eventually restructuring its debt - paying creditors later or less than the full amount owed. But the European Central Bank opposes the idea.
Greek borrowing costs hit record highs on Friday, with interest rates on 10-year bonds reaching more than 16.5%.