Greece denies reports on default scenarios

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Greece denied on Friday newspaper reports that one option in the debt crisis would be an orderly default with a 50 percent haircut for bondholders.

"Greece denies the reports," a senior government official told Reuters on condition of anonymity.

Separately, the Finance Ministry said, in reaction to the reports, that the country was committed to implementing a second, 109 billion euro bailout agreed with its international lenders in July.

"All other discussions, rumours, comments, scenarios which are diverting our attention from this central target and Greece's political obligation … do not help our common European task," Finance Minister Evangelos Venizelos said in a statement.

Two Greek newspapers said on Friday Venizelos outlined options to lawmakers, also including a disorderly default or the implementation of a second bailout package agreed between Greece, the European Union and the International Monetary Fund in July.

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