Thursday, March 08, 2012

Greek Deal - Greek Crisis


Guardian: Reports the following on the talks between the Greek Government and its bond holders, “ edging towards a deal with its private-sector creditors as the hours ticked away towards Thursday's deadline ”. The tone is lot more supportive folks, this is no great surprise, as the left wing Guardian supports ALL things Euro. It will be interesting to see who is right on Thursday folks, what % of the bondholders will accept the hair cut and will it be enough to prevent Greece from defaulting. As they say in the movies, watch this space folks.
 

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