Article Image
News Link • Economy - International

Euro zone ministers reject private bondholders' Greece offer

• Reuters

Euro zone finance ministers Monday rejected as insufficient an offer made by private bondholders to help restructure Greece's debts, sending negotiators back to the drawing board and raising the threat of Greek default.

At a meeting in Brussels, ministers said they could not accept bondholders' demands for a coupon of four percent on new, longer-dated bonds that are expected be issued in exchange for their existing Greek holdings.


Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Free Talk Live