Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

IMF Lagarde Promises Constructive Talks on Solution For Greece

11/20/2012 | 11:57am US/Eastern

BRUSSELS--IMF chief Christine Lagarde said she would work "very constructively" to reach a deal on Greece at a meeting with euro zone finance ministers Tuesday.

"We're going to work very constructively to see if we can find a solution for Greece," she said on her way into the talks in Brussels. "That's our goal, our purpose and our mission."

Ms. Lagarde openly disagreed with Jean-Claude Juncker, head of the group of euro zone finance ministers, at a press conference last week, insisting that Greece's debt burden must be trimmed to 120% of gross domestic product by 2020.

Some euro zone ministers favor giving Greece an extra two years to meet that goal in a move that would ease some of the pressure on Greece's official creditors to find additional assistance for Greece at this stage.

-Write to Laurence Norman at Laurence.norman@dowjones.com

(MORE TO FOLLOW) Dow Jones Newswires

11-20-12 1056ET

Latest news
Date Title
<1m ago CSX : Regulation FD Disclosure (form 8-K)
<1m ago EATON VANCE SHORT DURATION DIVERSIFIED I : Closed-End Funds Release Estimated Sources Of Distributions
<1m ago BRINKS : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)
<1m ago DAIMLER : Mercedes-AMG unit to take 25 per cent stake in Italian motorbike maker MV Agusta
1m ago SUMMIT HOTEL PROPERTIES : Declares Third Quarter 2014 Dividends
1m ago Join us for Cheryl Day
1m ago BURBERRY : Coat moss
1m ago BURBERRY : Coat moss
1m ago Join us for Cheryl Day
1m ago AMKOR TECHNOLOGY : Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
Latest news
Advertisement
Hot News 
BANCO ESPIRITO SANTO : Angola brings oil firm Sonangol into local BES bank
1SPATIAL : Interim Results for the six month period ended 31 July 2014
ULS TECHNOLOGY : Plunges As Improved Results Still Won't Meet Forecasts
AVIV REIT : Omega Healthcare Investors and Aviv REIT to Merge Creating Premier $10Bn Skilled Nursing Facility REIT
AUDIENCE : misses 3Q revenue forecasts
Most Read News
1d ago ENERGEN : tops Street 3Q forecasts
1d ago CHINA MENGNIU DAIRY : Mengniu and Danone Strengthen Strategic Alliance as Danone Subscribes to a Private Placement by Yashili
2h ago BNP shakes off impact of U.S. fine, returns to profit
1d ago FLUOR NEW : ICA Fluor Awarded Fabrication Contract for Shell’s Heavy Oil Extraction Project in Canada
1d ago Hiring business drives LinkedIn's revenue beat
Most recommended articles
2m ago USD Range Expansion Levels at 113.10 and 115.00
8m ago FEDERAL HOME LOAN MORTGAGE : U.S. Fed awards most reverse repos in over four weeks
37m ago Consumers more secure with Apple Pay - Javelin
37m agoDJThe Case for 'Alternative' Investments
41m ago Dollar General extends tender offer for Family Dollar shares again
Dynamic quotes  
ON
| OFF