Brussels, 07/12/2012 (Agence Europe) - On Friday 7 December, Greece concluded the process of buying back some of its own bonds from private investors, a move required by the troika of lenders (the European Commission, the European Central Bank and the IMF) as part of the second Greek bailout, agreed upon in March 2012. Despite rumours that it would be extended, the buy-back ended as planned at 5.00 pm (GMT) on Friday 7 December.
The aim of the buy-back was to use €10 billion lent by the...