Euro-ministers and IMF in third attempt to agree on Greece

Eurozone finance ministers and International Monetary Fund chief Christine Lagarde are having a third attempt on Monday (26 November) to agree on how to keep Greece afloat and unblock its long-awaited bailout tranche.

At the core of the debate is how to decrease Greece's debt from 190 percent of GDP to 120 percent over the next eight to ten years and how to bridge a multi-billion-euro funding gap that has emerged due to worsening recession and political delays.

The IMF insists eur...