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EU, IMF clash over Greece reignites debt crisis fears
A clash among Greece's international lenders over how long to give the stricken country to get its debts down to a sustainable level reignited fears on Tuesday that the euro zone debt crisis could flare up anew. Euro zone finance ministers suggested on Monday that Greece should be given until 2022 to lower its debt/GDP ratio to 120 percent but International Monetary Fund chief Christine Lagarde insisted the existing target of 2020 should remain. "We clearly have different views. What matters at the end of the day is the sustainability of Greek debt so that country can be back on its feet," Lagarde said in an ... (full story)