 Economic Times | UPDATE 5-Euro zone, IMF reach deal on long-term Greek debt Reuters EU-IMF reach agreement on cutting Greek debt-to-GDP level. * Aim is to reduce Greek debt to 124 percent of GDP by 2020. * Discussions continue on how to achieve target. * Euro rises slightly after word of deal. By Jan Strupczewski and Annika ... Euro Chiefs Claim Greek Progress, Seek to Persuade ECB Stocks Decline as U.S. Budget, Greek Aid Loom; Treasuries Gain IMF wants 40 billion euro cut in Greek debt, more later-source |
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