EU hints at larger role for bondholders in euro-zones bailout of Greece.
By James G. Neuger, Jonathan Stearns, Bloomberg|October 04, 2011 at 05:32 AM|Originally published on Treasuryandrisk.Com
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European governments dropped clues that bondholders may have to take bigger losses on Greek debt in a second aid package, as Greece’s deteriorating economic outlook forces bolder steps to quell the fiscal crisis.
Still hoping for more concessions from the EU, May will finally put the deal to a vote in the week of January 14.
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