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Europe Daily Bulletin No. 10941

12 October 2013
ECONOMY - FINANCE - BUSINESS / (ae) greece
Eurozone refuses to change its tune on Greek debt

Brussels, 11/10/2013 (Agence Europe) - The European Commission has again said that writing off some of Greece's debt is not one of the options available to the eurozone for reducing the Greek debt burden if Athens achieves a budget surplus in 2013, not including the cost of servicing the debt.

On the fringes of a G20 Finance summit in Washington on Thursday, Euro Commissioner Olli Rehn made it clear that he opposes a writedown on bonds, most of which are now in the hands of public...

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