Monday, January 23, 2012

Euro zone finance ministers to rule on Greek debt talks

By Jan Strupczewski and Ingrid Melander

BRUSSELS/ATHENS (Reuters) - Euro zone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private creditors said they could not improve their offer.

Resolving the issue of a Greek debt swap is key to putting Athens' debt on a sustainable path and avoiding a chaotic default that could threaten the whole currency bloc.

Read more: http://finance.yahoo.com/news/euro-zone-finmins-rule-glacial-083938657.html

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