News Headline Summary

Greece may gain further options to cut debt, according to Schaeuble comments in letter to German parliament on Greek deal


- Greece may be offered lower interest on first bailout loans.
- Greece costs in bank restructuring may be cut.

Update details:

- These comments are very similar to what we already heard yesterday from the Eurogroup in its conclusion to its new debt deal on Greece.

Reaction details:

- No movement seen in EUR/USD on these comments, trades unchanged on the session at 1.2943.

Print 23:18, 27 Nov 2012 - Asian News - Source: Newswires