News Headline Summary

German conservative lawmaker Gerda Hasselfeldt says there is no legal possibility for future new debt haircut for Greece

- Sees no need to give concessions such as credit extension to other Euro states.

Analysis details (10:13)

- Earlier this morning, Merkel's CDU budget spokesman Barthle said that Greece creditors probably face haircut in 2022.

27 Nov 2012 - 10:09 - Economic Commentary - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: