Greece told to fix own debt

European Union officials baulked at promising help to debt-saddled Greece, saying it was up to Athens to put its economy back on track.

Swedish prime minister Fredrik Reinfeldt, whose country holds the rotating EU presidency, said Greece’s trouble was “basically a domestic problem and has to be addressed by domestic decisions”. He spoke before talks between European Union leaders at a summit in Brussels.

Greece’s government debt was downgraded to the worst of the 16 nations that use the euro by Fitch Ratings on Tuesday, over worries that the country was not tackling a ballooning budget deficit.

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