My Take On EU Agreement On Greece

So, the basis of the agreement is a 50% cut in the face value of Greek bonds held by private creditors. The agreement will reduce Greek debt level to 120% of GDP by 2020.

Yeah…that solves it all.


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This entry was posted on Thursday, October 27th, 2011 at 4:31 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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