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Eurozone bailout fund denies reports on Greek bank plan

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Eurozone bailout fund denies reports on Greek bank plan
A Greek and a tangled EU flag flutter atop Greece's Financial Ministry in Athens, Greece, November 21, 2017. REUTERS/Costas Baltas   -   Copyright  Costas Baltas(Reuters)
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BRUSSELS (Reuters) – The European Stability Mechanism, the euro zone’s bailout fund, denied on Friday media reports about its involvement in a plan for Greek banks.

“Press reports about the ESM being part of preparatory work for a possible intervention plan in favour of Greek banks are wrong,” the ESM said in a statement posted on Twitter.

(Reporting by Robin Emmott; editing by Foo Yun Chee)

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