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Deal Reached for 50% Haircut – Full Text of Euro Summit Statement
All eyes in Greece were firmly fixed on Brussels last night as the latest attempt by EU leaders[...]
Bloomberg: Bondholders Preparing For 60% Haircut
Greek bondholders are preparing to lose as much as 60% of their investments as European leaders try to impose a solution that reduces Greece’s...
IMF: Important That Greece Private-Creditor Talks Be Brought To Early Conclusion
Negotiations between Greece and private holders of its debt need to be resolved quickly to assure Greece can pay its bills and prevent failure...
Greece΄s Two Main Pillars Ahead of the EU Summit
The Greek delegation goes to the European Union Summit on Thursday with two non-negotiable requests, hoping that the EU political leadership would decide to...
Fitch Downgrades Greece Rating to Junk Status
Fitch Ratings on Friday downgraded Greece's credit rating to BB-plus from BBB-minus. The cut puts Greece's credit rating in junk territory. The agency said...
Moody's "Greece Is Not Expected to Go Bankrupt"
There is no imminent bankruptcy of Greece, said, Moody's Vice President, Thomas Byrne, in an interview with the American network CNBC. " We do...
France, Germany agree on plan to help Greece – The text of deal
France and Germany agreed on a standby aid plan for heavily indebted Greece on Thursday that would involve money from European Union member states...


