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Tuesday, December 4, 2012

Greece Makes Buyback Offer as Merkel Floats Writeoffs


Greece Makes Buyback Offer as Merkel Floats Writeoffs
Bloomberg
Greece offered 10 billion euros ($13 billion) to buy back bonds issued earlier this year as the bailed-out nation attempts to cut a debt load that may threaten future international aid. Greek bonds rallied after the so-called modified Dutch auction was ...


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