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February 21st, 2012 
FAKE NEWS for the Zionist agenda
That level would have prevented the IMF and some euro countries from putting
up more rescue money – on top of a 110 billion euro bail-out Greece received
in 2010.
Moving in and out of talks with bondholder representatives and consultations
among themselves, the IMF and the European Central Bank, the ministers
pushed private investors to accept steeper losses, going beyond a 50 per
cent cut in the face value of their bonds.
It was unclear what the final deal with bondholder representatives looked
like, but the lower debt level suggested that they compromised further. The
big question will now be how many banks and other investment funds will
actually agree to participated voluntarily and whether Greece will have to
force some holdouts to sign up to make the deal effective.
Source: AP
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