Jean-Claude Juncker, the leader of the Eurogroup, yesterday said that the Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest payments on its massive debt was "not an absurd one". However, the leader of the Ministers of Finance in the Eurozone estimated that the proposal needed to be fleshed out further detailed proposals.
Juncker expresses support of a special account which would be used to cover interest payments on Greece's debt
. (Translated by Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 8 februarie 2012