ECB Could Come to Compromise on Greek Bonds Purchased Last Year -WSJ
WSJ reporting late Tuesday the ECB is willing to exchange Greek debt purchased in 2011 at prices below face value, the next, painstakingly-slow step to alleviate financial calamity in the nation. A source has said the deal will be dependent on current negotiations over Greece's latest restructuring.
While the Bank has indicated it will not take a loss on the deal, details on what kind of price will be offered remain unclear.
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While the Bank has indicated it will not take a loss on the deal, details on what kind of price will be offered remain unclear.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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