Greece expects bondholders to accept a one-time offer to writeoff about 100 billion euros ($140 billion) of Greek debt and isready to force them to participate if necessary, Finance MinisterEvangelos Venizelos said.

“This is the best offer,” Venizelos said in a BloombergTelevision interview with Nicole Itano in Athens today. “This isthe best offer because this is the only one, the only existingoffer.”

European leaders are facing the first test of their attempt toturn the page on the two-year debt crisis as Greece's privatecreditors decide whether to sign off on the biggest sovereign-debtrestructuring in history. The success of the 106 billion-euro swap,confirmed on the eve of last week's European summit, depends on howmany investors agree to the writedown by the March 8 deadline.

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