NEWS and REPORTS => World News => Topic started by: newswarrior on Jan 20, 2012, 09:02 PM
Title: Greece, creditors close in on debt cut deal
(Reuters)
Post by: newswarrior on Jan 20, 2012, 09:02 PM
Reuters - Greece was closing in on an initial deal with private bond holders on Friday that would prevent it from tumbling into a chaotic default but lose investors up to 70 percent of the loans they have given to Athens.