Merkel presses private bondholders on Greece

Chancellor Angela Merkel indicated Wednesday that private investors like banks should take a writedown of at least 50 percent on their Greek debt holdings and told German lawmakers the world is waiting to see whether Europe can get a grip on its debt crisis.

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Chancellor Angela Merkel indicated Wednesday that private investors like banks should take a writedown of at least 50 percent on their Greek debt holdings and told German lawmakers the world is waiting to see whether Europe can get a grip on its debt crisis.

… leggi tutto (read all)