Thu, 17 Nov 2011 08:12:12 GMT
Greece negotiates write-down on debt
On Wednesday Greek short-term PM Lucas
Papademos opened talks on details regarding write-down of Greek national debt
owned by private sector. According to the presidential office, today Papademos are
negotiating 50% debt ''haircut'' with the leader of Institute of International
Finance (IIF). Nevertheless, analysts express growing concern, as the
implementation of decisions made in summit on October 26 is delaying.