Brussels, 07/11/2012 (Agence Europe) - On Wednesday 7 November, EU Economic and Monetary Affairs Commissioner Olli Rehn said as he unveiled the European Commission's autumn economic forecasts (see separate article) that it was important to reach agreement on financing and sustainability of the Greek debt because “there is no denying that it is increasingly unsustainable without further measures to reduce the debt burden.”
The Commission says that Greece's debt will reach 188.4% of GDP...