Tue, 24 Jan 2012 08:00:21 GMT
EU does not accept the offer of Greece's PSI
The EU announced it does not approve the offer of Greece's PSI that was reached with private bondholders. The EU asked for a coupon on the new Greek debts below 4%, reported the Euro Zone sources, late on Monday. Following the announcement, the Euro paired losses against the US Dollar, losing 20 basis points. The pair EUR/USD was approaching 1.3000