Greek debt deal 'close', says EC official

A senior European Commission official says a deal to address the Greek debt crisis is relatively close.

Mon, 24 Oct, 2011 - 14:30

A senior European Commission official says a deal to address the Greek debt crisis is relatively close.

The spokesperson for the EU Economic Affairs Commissioner Olli Rehn said that the proposal centres on writing off around half of Greece's €350bn debt.

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Courts Economic crisis Place: Greece Place: Brussels Person: Economic Affairs Commissioner Person: Olli Rehn Organisation: EC Organisation: European Commission Organisation: EU

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