News Headline Summary

EU officials say that Euro zone finance ministers aim to bring Greek debt down to 120% of GDP in 2020

Says:
- Considering granting Greece 10 year moratorium on interest payments on EFSF loans, this would save Athens EUR 44bln.
- Discussing cutting interest on bilateral loans to Greece to 25bps from 150bps, Germany objects.
- Have made no decisions yet on any of the topics.

Print 19:26, 20 Nov 2012 - Economic commentary - Source: Newswires