NEW YORK. March 20. KAZINFORM The dollar rose against major currencies on Friday as investors were worried whether the European Union would provide financial aid to Greece; Kazinform refers to Xinhua.

EU Economic and Monetary Affairs Commissioner Olli Reh called for concrete aid plan for Greece on Friday. He said that European leaders had to come to a specific political conclusion and clarify the way forward on a summit next week.

European Commission President Jose Manuel Barroso urged European aid for Greece on Friday, saying that the Commission is ready to propose an instrument for coordinated assistance to Greece.

"Such an instrument would be constituted by a system of coordinated bilateral loans and would be compatible with the no bailout clause and with strict conditionality," said Barroso in a statement.

Greece warned on Thursday that it would be forced to ask the International Monetary Fund (IMF) for help if European leaders fail to offer financial help next week; Kazinform cites Xinhua.

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