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IMF Lagarde Promises Constructive Talks on Solution For Greece

11/20/2012 | 10:57am US/Eastern
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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

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