Wednesday , April 17 2024
Home / Tag Archives: PSI talks

Tag Archives: PSI talks

“One Step Away From PSI Deal” – Why Greeks & Troika Unhappy?

Greece and its private creditors are apparently one step away from completing the voluntary Greek Bond Swap (PSI).  “We are one step away from PSI deal”, Greek Finance Minister Evangelos Venizelos said. “We are close to the finalization of a voluntary PSI”, head of Institute of International Finance Charles Dallara said …

Read More »

UPD: Greek PSI Deal Reached with 3.75% Coupon?

The deal on the Greek bond swap (PSI) has been apparently reached, economic news portal Capital.gr reports. Quoting banking sources, Capital writes that the deal has been reached on a coupon with an average interest rate of 3.7%. At the same time there will be a clause for growth to …

Read More »

Greece’s Official PSI Offer Until Feb 13/12

It looks as if the Negotiations on Greek bond swap deal (PSI) are doing some progress. If we want to believe German Chancellor Angela Merkel. She said in Berlin that she expects the PSI talks to complete on schedule. The iron lay must know better…  Angela Merkel said she doesn’t …

Read More »

PSI Haircut: A Dangerous Game Played on Greece’s Head

 It seems to be a dangerous game being played on the head of Greece. The debt-ridden country was sitting at the hairdressers’ chair surrounded by several evil scissors-holders arguing over the haircut-style. The customer had almost fallen asleep as he was deprived of the right to get involved in the argument. The …

Read More »

PSI Talks Interrupted – Dallara Left Athens for Paris…

The Greek PSI-cho thriller continues, as Greek bond swap talks were interrupted in Athens. Leaving Greeks behind to cook in their own broth,  head of Institute of International Finance Charles Dallara left Saturday morning for Paris. Greek media report that the negotiations got stuck on the key issue of the interest rates of …

Read More »

Greek PM Papademos: Abandoning the Euro Isn’t an Option

 In his very first interview since he took office, Greece’s Prime Minister Lucas Papademos talked about the challenges the country faces and categorically rejected an exit from the euro zone and return to drachma. Speaking to US-network CNBC, Papademos  said he was confident that the country would avoid a default …

Read More »