Private sector participation in a Greek debt swap has so far reached the 75 per cent mark, far below a 90 per cent target, newspaper Imerisia reported today without naming its sources.
Greece last month turned the screws on investors, saying it may not go ahead with the debt swap - a key part in a second bailout package to stave off the country's bankruptcy - if holders of less than 90 per cent of the bonds take part.
http://www.irishtimes.com/newspaper/breaking/2011/0907/breaking12.html
Greece last month turned the screws on investors, saying it may not go ahead with the debt swap - a key part in a second bailout package to stave off the country's bankruptcy - if holders of less than 90 per cent of the bonds take part.
http://www.irishtimes.com/newspaper/breaking/2011/0907/breaking12.html
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