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Friday, December 7, 2012

Greece will not extend buyback deadline beyond Friday: finance ministry source

A woman makes a transaction at the ATM as another begs outside an Alpha bank branch in central AthensATHENS (Reuters) - Greece will not extend the deadline bondholders to participate in a crucial sovereign debt buyback scheme beyond Friday, a finance ministry official said. Greek banks will hold board meetings on Friday to decide whether they will join in and must declare their interest by 12 noon EST. "The auction will be completed today. There will be no extension," said the official, who declined to be named. (Reporting by George Georgiopoulos)



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