Investors offer about $38.8 billion in Greek debt buyback: source

Comments (3)
dareconomics wrote:

The bond exchange is not in the best interests of Greece. They are retiring bonds with very low rates and creating larger capital holes in their banking system while being downgraded by S&P to “Selective Default.”

http://dareconomics.wordpress.com/2012/11/21/greek-bond-exchange-is-a-bad-idea/

Dec 08, 2012 12:22pm EST  --  Report as abuse
Willvp wrote:

So, in reality, the EU PUBLIC is “giving” their money to the hedgefunds? With the help of the ECB and IMF ? good job.

Dec 08, 2012 2:53pm EST  --  Report as abuse
AlexZ83 wrote:

It should go without saying, Greece is 3 for 3 right now on the success rate of it’s bailouts. Every single one of them has been a smashing success. No one should be surprised the fourth one will be no less successful. LOL!

Dec 08, 2012 4:28pm EST  --  Report as abuse
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