Arab Today, arab today greece it is close on debtswap deal
Last Updated : GMT 03:42:20
Arab Today, arab today
Arab Today, arab today

Greece: It is close on debt-swap deal

Arab Today, arab today

Arab Today, arab today Greece: It is close on debt-swap deal

Athens - UPI

A Greek official in Athens said it appeared likely more than enough bondholders would participate in a debt swap to meet the government\'s target. More than 75 percent of the bondholders in the private sector have agreed to take part in the plan that would reduce the government\'s immediate obligations. This would satisfy one of the requirements the international community placed on Greece in order for the government to receive a $170 billion international bailout package. \"At the moment, it appears that we will exceed even the optimistic scenario,\" the official said. An official announcement is expected Friday morning. But early indications that Greece would qualify for the loan sent stock markets higher Thursday. Odds that Greece would meet the requirements by Friday\'s deadline were \"very, very high,\" said Charles Dallara, managing director of the Institute of International Finance, a banking trade group. Dallara said he was \"quite optimistic,\" that Greece would put the debt-restructuring deal on time. The optimism spread throughout Europe, the Journal said, showing up in Spain and Italy in the form of lower government bond yields. The $170 billion loan has been set up by the International Monetary Fund, the European Union and the European Central Bank, the so-called troika. The IMF said its board of directors would meet March 15th to decide whether or not to approve the loan.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece it is close on debtswap deal Arab Today, arab today greece it is close on debtswap deal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece it is close on debtswap deal Arab Today, arab today greece it is close on debtswap deal

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday