~RS~q~RS~~RS~z~RS~28~RS~)
Rehn: Greece debt deal within 'touching distance'
Greece is within touching distance of a deal with private banks to write down its debt, according to the European Commissioner responsible for Monetary Affairs, Olli Rehn.
He hoped a deal would be done by the EU summit that takes place on Monday.
Speaking at the World Economic Forum in Davos, he said an agreement, which would avoid a debt default would be concluded if not today, then over the weekend.
Greece and its private creditors have so far failed to agree to reduce the existing debt to help Greece avoid bankruptcy.
Most watched/listened
-
Helicopter breaks up on landing
-
'At 30,000ft we heard a crack'
-
Camera uncovers Mayan tomb secrets
-
One-minute World News
-
Helicopter brings down power lines
-
Billy Connolly 'Troubles' film airs
-
What does Lisbeth Salander really look like?
-
Gurkhas guard Elizabethan mansion
-
Making the world's toughest glass
-
Hidden costs of booking a holiday
-
Should roadside memorials be moved?
-
Pirate hijacking a 'terrifying ordeal'
-
Bolivia's disabled clash with police
-
French reporter seeks Syria evacuation
-
'Time to buckle down in Somalia'
