Markets are again turning their eyes to Greece as today (8 March) is the last day for the country to convince banks to take on 'voluntary' debt restructuring or face default.
Participation at over 95 percent in the bond-swap deal - aimed at halving Greece's debt of €206 billion - would classify the operation as 'voluntary', allowing the country to avoid being officially declared bust.
As of Wednesday night, only 40.8 percent of bondholders - mostly European banks such as Deutsche ...
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