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Image header Agence Europe
Europe Daily Bulletin No. 10535
ECONOMY - FINANCE - BUSINESS / (ae) greece

Private sector involvement in second bailout to be voluntary

Brussels, 19/01/2012 (Agence Europe) - The European Commission has pointed out that agreement on private sector involvement in the second Greek bailout programme must take the form decided by the European Council of 26-7 October 2011 and be voluntary in nature. Once the deal has been agreed, the private sector negotiators will announce it to all Greek bond holders, who will then decide whether they want to participate. At that point, it will be possible to see how much of the private sector...

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