Greece launches formal offer for debt writedown – The Associated Press
 Telegraph.co.uk |
Greece launches formal offer for debt writedown
The Associated Press The Finance Ministry issued the formal offer to banks and other investment funds under which creditors are called on to accept a loss of more than half the face value of the bonds they hold in return for new bonds with longer maturities. Germany softens resistance on 'firewall' Debt crisis: live Greece offers investors bond swap |
