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Showing posts with label Greece sovereign debt. Show all posts
Showing posts with label Greece sovereign debt. Show all posts

Wednesday, June 22, 2011

Greece's restructuring options narrow

LONDON, Jun 22 (IFR) - Greece could still start restructuring its sovereign debt using coercive measures before June 2013, even if the indebted country secures fresh bailout funding to tide it over to that date.

"The proposed new loans still assume that Greece will return to the market by 2014. However, that is unlikely," said one sovereign restructuring expert who spoke to IFR.