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Tuesday, November 13, 2012

EU, IMF clash over Greece revives debt crisis fears

Spain's Economy Minister De Guindos, Luxembourg's PM Juncker and IMF Managing Director Lagarde attend a Eurogroup meeting in BrusselsBRUSSELS (Reuters) - A public clash between Greece's international lenders over how Athens can bring its debts down to a sustainable level has reignited fears that the crisis could flare up anew. Euro zone finance ministers suggested that Greece, where the euro zone debt crisis began, should be given until 2022 to lower its debt to GDP ratio to 120 percent but International Monetary Fund chief Christine Lagarde insisted the existing target of 2020 should remain. "We clearly have different views. ...



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