Greece on Friday vehemently rejected rumours that it may default at the weekend.

Greek Finance Minister Evangelos Venizelos said in a statement “it is not the first time we have had a wave if rumours on a so-called Greek default.”
“This is organised speculation against the euro and eurozone,” he charged.

He said Greece remained committed to meeting all the conditions attached to the huge bailout loan handed out by its eurozone partners in July to save its ailing economy.

“Greece’s priority is to implement all the July 21 decisions and obligations that came with the deals it signed with its partners,” he said.

The country’s prime minister Georgo Papandreou stated that the government is planning to realise “major changes” to pull the country out of the crisis.