Bloomberg News

Merkel, Sarkozy Endorse ‘Vienna’-Style Rollover of Greek Debt

June 17, 2011

June 17 (Bloomberg) -- German Chancellor Angela Merkel and French President Nicolas Sarkozy said the so-called Vienna initiative of 2009, which encouraged creditors to roll over expiring bonds, could be a model for helping Greece. The two leaders spoke at a news conference in Berlin today.

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