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Image header Agence Europe
Europe Daily Bulletin No. 10743
ECONOMY - FINANCE - BUSINESS / (ae) eurogroup

Eurozone eyes on Greek debt buy-back

Brussels, 03/12/12 (Agence Europe) - As we went to press, eurozone finance ministers were meeting to discuss the situation in Greece and Cyprus and examine the Greek debt buy-back scheme that was started that same day by the Greek debt management agency, PDMA, in line with the decisions by Eurogroup at its meeting on 27 November (see EUROPE 10739). A successful buyback to reduce the country's debt by some €20 billion (11% of GDP) is a condition for the granting of the next instalment of...

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