Bloomberg News

ECB Says Greece May Not Get Enough PSI Participation, Der Spiegel Reports

March 04, 2012

Greece may fail to garner enough investors to participate in a voluntary writedown of its debt, Der Spiegel magazine reported, citing unnamed officials at the European Central Bank.

A second Greek bailout is partly tied to investors’ agreeing to the writedown by a March 8 deadline.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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