News Headline Summary

IMF's Lagarde says welcomes initiatives by Eurogroup to support Greek economic reforms

Says:

- Welcomes European commitment to lower Greece's debt below 110% of GDP by 2022, move represents major debt reduction.
- Greek debt deal envisages extension by 15 years of the existing 15-year loans.
- IMF has no intention to withdraw from Greek aid.

Print 00:31, 27 Nov 2012 - Asian News - Source: Newswires