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Thursday, November 15, 2012

Greece Examines a Debt Buyback as One Way to Reduce Its Burden


Greece Examines a Debt Buyback as One Way to Reduce Its Burden
New York Times
Essentially, Greece would propose that its private sector bondholders sell back their sovereign debt holdings for a small profit, but at a price favorable to Greece. The move takes a page from the playbook Greece used earlier this year in which the ...


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