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Europe Daily Bulletin No. 10744

5 December 2012
ECONOMY - FINANCE - BUSINESS / (ae) greece
Eurogroup awaits bond buy-back results

Brussels, 04/12/2012 (Agence Europe) - On Monday night, eurozone finance ministers agreed to meet again on 13 December, on the fringes of the European Summit, to examine the bond buy-back operation launched by Greece on Monday 3 December. Greece is planning to cuts its debt by some €20 billion by using €10 billion from the EFSF to buy back at a discount up to €60 billion in sovereign bonds still held by private investors (see EUROPE 10743).

EU Economic and Monetary Affairs...

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ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
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BUSINESS NEWS NO 42