Greece to Buy Back Bonds at Big Discounts

Country hopes plan will cut $26B from debt

By Newser Editors and Wire Services

Posted Dec 3, 2012 2:33 AM CST

(Newser) – Greece will spend up to $13 billion in a heavily-discounted bond buyback program that it hopes will help stabilize its debts, officials said today. Private holders of Greek bonds, such as banks and pension funds, have until Friday to register their interest in participating in...   Read full story »

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