News Headline Summary

German finance minister Schaeuble says should focus on solutions other than governments taking write-downs on Greek bonds

Says:
- Greece reaching debt sustainability in 2020 may be too ambitious.

Update details:

- Schaeuble's comments echo what the EU have been saying as they want to increase Greece's debt reduction target to be achieved in 2022 whereas the IMF still want Greece to achieve the target by 2020.

Print 09:15, 13 Nov 2012 - Economic commentary - Source: Newswires