Oct. 25 (Bloomberg) -- Austrian Chancellor Werner Faymann said that the European Union’s aim is to get the highest possible participations of private investors on Greece.
As this is to be a voluntary participation, the percentage of a haircut is yet to be decided, Faymann told reporters in Vienna following the government’s weekly meeting.
“Our number one aim is for this to be voluntary,” he said, adding that he’d always spoken of a haircut of 40 percent to 50 percent.
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