Saturday, February 25, 2012

Greece hopes for debt deal soon, talks to resume

A Greek and an EU flag fly over the Greece's Finance Ministry in AthensATHENS (Reuters) - Greece hoped on Wednesday it could wrap up tortuous negotiations on a debt swap as early as this week when private creditors return to Athens for a fresh round of talks to avert a chaotic default. After weeks of bargaining, deadlocks and an intervention by euro zone ministers, Greece and its bondholders find themselves back at the drawing board as they search for a compromise needed to clinch a bailout for Athens before it runs out of money. ...


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