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Eurozone finance ministers to meet Nov 20 on Greece: Juncker

Published on Nov 13, 2012 8:10 AM

BRUSSELS (AFP) - Greece has made progress on its debt bailout targets but eurozone finance ministers will have to meet again on November 20 to clear the way for its next aid tranche, Eurogroup head Jean-Claude Juncker said on Monday.

Mr Juncker, speaking at the end of a finance ministers meeting, said he hoped the November 20 extraordinary meeting would tie down the last details and so allow payment to Athens of some 31 billion euros (S$47 billion) in urgently needed funds.

Greek Prime Minister Antonis Samaras had said his country would go broke by Friday if Monday's meeting failed to produce the aid payment but Juncker said there would be no problem with Athens rolling over debt due on that day.

"I will do all I can to make sure that a decision is taken on November 20," Juncker told a press briefing.

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