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 | 10:57am US/Eastern
Recommend:
0

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

Recommend :
0
React to this article
Latest news
Date Title
15m ago RENTRAK : 'Capt. America' tops box office for third week
16m ago BURSA MALAYSIA BERHAD : RHB restates `buy' stance on Bursa
16m ago ASAHI : CI Holding gets shareholders' nod for acquisition
16m ago BINA PURI BERHAD : Titijaya form joint-venture
16m ago MALAYSIA AIRPORTS BERHAD : Maybank keeps `sell' on MAHB
16m ago Expansion plan earns Caring `buy'
16m ago DATASONIC BHD : MyKad boost for Datasonic
16m ago AsiaBio gets solid rights issue response
16m ago UEM SUNRISE BHD : sees good take-up rate
16m ago WAH SEONG BERHAD : PMT JV finalised
Latest news
Advertisement
Hot News 
HAVELOCK EUROPA : Preliminary Results to 31 December 2013
LDK SOLAR : Provides Additional Information on its Request for Review of NYSE Regulation's Decision to Suspend Trading and Commence Delisting Procedures
HAYNES PUBLISHING : Third Quarter Hit By Us Inventory Returns, Weak UK
SPACEANDPEOPLE : Shares Slide As It Lowers 2014 Forecast
BLUR : Shares In Blur Group Plummet Due To Delayed Revenue Recognition
Most Read News
4h ago FORD MOTOR : 2001 Ford Expedition Used Engines for Sale Discounted by National Parts Retailer
3h ago GALLANT VENTURE : Annual General Meeting
4h ago CHINA QUANJUDE : Frugal policy slows catering industry to 20-year low
3h ago DCM SHRIRAM : Axiall LLC, USA acquires 50% stake in Polymer Compounding Business of DCM Shriram Ltd.
4h ago FBR : Analysis: Why FBR's taxpayer database is less useful than it looks
Most recommended articles
1h ago Asian stocks subdued in holiday thin trade, Ukraine tensions mount
3d ago Financials bolster FTSE after reassuring U.S. earnings
3d ago BLACKSTONE : earnings rise 30 percent, boosted by private equity gains
32m agoDJJapan Trade Deficit Balloons in March
43m ago GBP/USD Technical Analysis – Still Holding Short Position
Dynamic quotes  
ON
| OFF