Bloomberg News

ING Groep Says It’s Awaiting Further Details on Greek Debt Deal

October 27, 2011

Oct. 27 (Bloomberg) -- ING Groep NV Chief Executive Officer Jan Hommen said his firm will decide what its financial contribution to lowering Greece’s debt will be once more details have been worked out on a proposal for bondholders to take 50 percent losses on Greek debt.

Hommen said he is “pleased” with the “important steps” taken by European government leaders, according to an e-mailed statement today.

To contact the editor responsible for this story: Maud van Gaal at mvangaal@bloomberg.net


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