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Europe Daily Bulletin No. 10765

17 January 2013
ECONOMY - FINANCE - BUSINESS / (ae) greece
Stournaras says new bond writedown possible

Brussels, 16/01/2013 (Agence Europe) - Speaking on Greek television (NET TV), the Greek finance minister, Yannis Stournaras, said that another bond writedown was possible as long as Greece returned to a primary budget surplus, but this would not be known until the end of 2013. “Another [restructuring] would be welcome. We will not say no to another haircut”, he commented, adding that such a decision was not for Athens alone. Stournaras said the IMF agreed to another writedown during the...

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ECONOMY - FINANCE - BUSINESS
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