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Saturday, November 10, 2012

Greek debt could go above 140 percent of GDP in 2020, ECB says


The Guardian

Greek debt could go above 140 percent of GDP in 2020, ECB says
Reuters
BRUSSELS (Reuters) - Greece will fail to reduce its debt burden to a manageable level by 2020 with current policies, European Central Bank policymaker Joerg Asmussen told Belgian daily De Tijd, forecasting the target set by creditors will be widely missed.
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