News Headline Summary

Luxembourg's finance minister Frieden says Greek buyback is going in the right direction

- Not especially agitated by the ESM's downgrade.

Update details:

- The ESM and EFSF were downgraded over the weekend, following France's sovereign downgrade two weeks ago, as France are one of the more major contributors to the bailout funds.

Print 16:01, 03 Dec 2012 - Economic commentary - Source: Newswires