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Translation...Greece gets a bailout for itself, bondholders offered bailout if they commit to increase time-periods of loans, Greece bond rating gets clobbered
by shareme 15y ago
Translation...Greece gets a bailout for itself, bondholders offered bailout if they commit to increase time-periods of loans, Greece bond rating gets clobbered to default rating....
- anonymoushn 15y agoI wouldn't call a 20% haircut a bailout. I would call it a default.