Schaeuble: 2020 could be too ambitious for Greek debt target

BRUSSELS Tue Nov 13, 2012 9:40am GMT

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BRUSSELS (Reuters) - EU finance ministers meet on Tuesday seeking to break an impasse over a new regime to supervise banks, but with much of the plan contested and time running short to agree, the European Union risks seeing this centrepiece reform unravel.

Their talks follow a meeting of euro zone finance ministers where disagreement between Greece's international lenders over how long to give Athens to get its debts down to a sustainable level reignited fears that the euro zone debt crisis could flare anew.

(Reporting by Annika Breidthardt)