EU does not accept the offer of Greece's PSI

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Source: Forexfactory
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 late on Monday.
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