Sunday, January 22, 2012

Hours Ahead Of Monday's Euro FinMin Meeting There Is No Greek Deal; IIF "Remains Hopeful"

But wait, we thought Greece and the ECB had an upper hand? Wouldn't they exercise said upper hand by now, considering its now 9pm in Greece on a Sunday, the day before the critical European finmin meeting by which point the Greek deal was supposed to be in place?
From Reuters:






Greece's private creditors are working closely with Athens on a debt swap deal, their chief negotiator said on Sunday, adding that he was confident a deal could be reached.

"We are at a crossroads and I

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