PSI

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...

Talks regarding a bond swap between Greece and creditor banks have made progress but there is no deal yet, the country΄s deputy finance minister said on Tuesday, reaffirming that Athens wants to reach a voluntary agreement that makes the...

Greek bondholders are set to accept higher losses as the contentious negotiations over a writedown of Athens’ debt burden come to a head in the next week, according to the Financial Times. People involved with the discussions about so-called private...

European Central Bank Governing Council member Athanasios Orphanides called on European leaders to reverse their decision to have private holders of Greek sovereign bonds take losses, arguing that the Eurozone as a whole would benefit from such a reversal...

A source from the Institute of International Finance (IIF) has today categorically denied that there should be any reason for optimism as expressed yesterday by Greece's Finance Minister, Evangelos Venizelos, over a framework deal between the Greek government and creditor...

Finance minister Evangelos Venizelos was hopeful on Tuesday of at last reaching a deal with private sector bondholders that is key to a new bailout package for the country. "We are close to an agreement, I believe that," Venizelos said...

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...

The new private sector involvement (PSI+) plan will be the focus of next month's visit to Athens by representatives of the country's international creditors - the European Union, the European Central Bank and the International Monetary Fund, collectively known...

The debate about the haircut of Greek debt has a new dimension, as a large proportion of banks involved in the negotiations expressed the view that the policymakers’ threat of a haircut by 60% would happen without the willingness...

The European Commission, European Central Bank and International Monetary Fund have reported on the sustainability of Greece's debt. Read the text of the report below: Greece: Debt Sustainability Analysis October 21, 2011 Since the fourth review, the situation in Greece has taken a...