Jean Claude Juncker
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Greek reprofiling 'not ruled out' says Juncker

Twenty-seven finance ministers of the European Union are gathered in Brussels and overshadowing the meeting is the Greek debt crisis.

Only a year after receiving a $110bn bailout, Greece needs to borrow more money, or reorganise its existing debt.

So far, European officials have been unwilling to allow Greece to change the terms of its debt repayments.

But on Monday evening, Euro group chairman Jean Claude Juncker, said a reprofiling had not been ruled out.

  • 17 May 2011
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