Charles Dallara
Economy
Greek Debt Talks with Bondholders Break Down Unexpectedly
Greece and its private creditors broke off negotiations on a debt swap deal in Athens on Saturday without finalizing an agreement, government sources said.
The top official for the Institute of International Finance (IIF), Charles Dallara, whose organization represents some...
Economy
Debt Swap Talks Drag into Weekend
Greece and its creditors are continuing negotiations on a debt swap deal on Saturday, after late-night talks edged them closer to a vital deal but failed to clinch an agreement.
Athens is anxious to strike a deal before a meeting...
Economy
IIF Made New Proposal On Restructured Greek Debt Coupon Rate
The Institute for International Finance has made a new proposal in its negotiations with Greece that calls for a gradual increase of the coupon rate on new Greek bonds, in a sign that the two sides may be nearing...
Greece
Papademos to Meet With Party Leaders Today
Prime Minister Lucas Papademos will hold a joint meeting on Thursday with the leaders of the three parties (New Democracy, PASOK, LAOS) supporting his government, soon after the conclusion of his one-on-one meeting with ND leader Antonis Samaras.
On Wednesday,...
Greece
Greek Debt Deal Seen By End Of Week
Greece may reach an agreement with private sector creditors on a debt writedown plan by the end of the week, a Greek Finance Ministry official said Wednesday.
"All indications are that we might have an agreement by the end of...
Economy
Talks to Restructure Greek Debt Suspended by Bondholders
Talks to restructure privately-held Greek debt didn΄t reach a conclusion on Friday and are now suspended, as the chief negotiators representing the private-sector bondholders said.
According to Dow Jones, a statement by Charles Dallara of the Institute of International Finance and...
Economy
Venizelos Says Debt Talks At 'Very Good Point'
Finance Minister Evangelos Venizelos said on Wednesday that talks with private-sector creditors on the country's debt-write-down plan have advanced and are "at a very good point."
"We are ready for the next meeting, maybe tomorrow morning, with our friend, Charles...
Economy
Charles Dallara to Meet Greek Officials on Thursday
Charles Dallara, the head of a group representing private-sector banks, will hold talks in Athens on Thursday with Greek government officials on a voluntary swap of privately held Greek bonds, a spokesman for Dallara's organisation said.
"He will be in...
Economy
Greece in Tough Talks on Eurozone Bailout, Debt Rollover
Greece was holding tightrope talks on Monday with its creditors and debt holders on details of a new eurozone bailout to enable the country to repay debt.
Greek Finance Minister Evangelos Venizelos was meeting senior auditors from the eurozone, the...
Economy
Dallara: Greek Debt Swap Will Likely Cause Selective Default
An agreement between the Greek government and private bond holders will likely cause a selective default on Greek sovereign debt, the managing director of the Institute Of International Finance said Friday.
"We are not worried about a selective default, which...