News Headline Summary

Eurozone considers cutting rates on Greek loans to around 0.8 percentage points above Euribor according to sources

- Sources says the Eurozone is considering cutting the interest rate to 0.8ppts above a benchmark 1.5ppt currently and doubling the repayment period to as much as 30 years.

Update details:

- In recent days the Greek finance minister Stournaras has said is seeking to lower interest rates and to extend maturities on loans.

Print 16:18, 08 Nov 2012 - Economic commentary - Source: Newswires