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

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

React to this article
Latest news
Date Title
01:02a ACKERMANS : & van Haaren: Annual results 2014
01:02a NORSKE SKOGINDUSTRIER ASA : Skog: Improved competitive position and robust business units
01:01a ASETEK A/S : - Mandatory Notification of Trade
01:01a SWISS LIFE : achieves profitable growth, increasing premium income by 7% to CHF 19.1 billion and net profit by 4% to CHF 818 million
01:01a PR NEWSWIRE : - Start of Day
01:01a Mecox Lane Limited to Announce Fourth Quarter Results on March 9, 2015
01:01a COMBINED REVENUE OF SOPRA STERIA FOR 2014 : €3,370.2m
01:00a GBP/USD TECHNICAL ANALYSIS : Initial Long Trade Profit Taken
01:00a USD/CHF TECHNICAL ANALYSIS : Trying to Clear Path Above 0.96
12:53a DAIMLER : World première in Geneva for spectacular AMG racing car: All-out attack: the new Mercedes-AMG GT3
Latest news
Advertisement
Hot News 
UIL : INVESTOR ALERT: Levi & Korsinsky, LLP Commences an Investigation of the Board of Directors of UIL Holdings corporation In Connection With the Fairness of the Sale of the Company to Iberdrola SA -- UIL
PGT : Nasdaq stocks posting largest percentage increases
INTELIQUENT : Nasdaq stocks posting largest percentage decreases
ADR Shares End Mixed; Reed Elsevier Trades Actively
Blackhawk Provides Additional Details on Revenue Reclassification for Fiscal 2014 and 2013
Most Read News
02/26DJCOUNTRY GARDEN : Issues $900 Million, Five-Year Bonds at 7.5%
02/26DJSOUTHWESTERN ENERGY : to Cut Investment Spending
02/26 DEUTSCHE TELEKOM : sees dividend growth in line with free cash flow
02/26 Nissan says can meet U.S. sales goal with capacity in South Korea, Japan
02/26DJWeight Watchers Loses Money, Members -- 2nd Update
Most recommended articles
02/20DJMarkets Hang on Greek Impasse
01:00a GBP/USD TECHNICAL ANALYSIS : Initial Long Trade Profit Taken
01:00a USD/CHF TECHNICAL ANALYSIS : Trying to Clear Path Above 0.96
12:53a GAZPROM : Russia to mull allowing China over 50 percent stake in strategic oil, gas fields - TASS
12:49aDJDollar Falls From Overnight Highs
Dynamic quotes  
ON
| OFF