BY COSTAS PARIS AND ALKMAN GRANITSAS
ATHENS?Greece's government is set to resume talks with its private creditors late Wednesday over a plan to restructure the country's debt as it scrambles to secure a deal demanded by its European partners for a new bailout package.
The talks, which are expected to begin late in the day, come after negotiations between the two sides broke up last Friday amid differences about the future interest rate Greece would pay bondholders. What rate is chosen could determine how much of a loss creditors will take on the net present value of their Greek debt holdings.
The Institute for International Finance, ...
BY COSTAS PARIS AND ALKMAN GRANITSAS
ATHENS?Greece's government is set to resume talks with its private creditors late Wednesday over a plan to restructure the country's debt as it scrambles to secure a deal demanded by its European partners for a new bailout package.
The talks, which are expected to begin late in the day, come after negotiations between the two sides broke up last Friday amid differences about the future interest rate Greece would pay bondholders. What rate is chosen could determine how much of a loss creditors will take on the net present value of their Greek debt holdings.
The Institute for International Finance, ...
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