Greek debt swap deadline looms

  • 12 years ago
With the deadline for Greece's vital bond restructuring on Thursday, Greek Finance Minister Evangelos Venizelos has warned Athens' private creditors to take what they are being offered as it is the best deal they will get.
 
Greece wants at least 90 percent of the investors to agree to swap their bonds for new ones, which means them taking a big loss, in the region of 74 percent.

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