News Headline Summary
IMF's Lagarde says welcomes initiatives by Eurogroup to support Greek economic reforms
- 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.
27 Nov 2012 - 00:31
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