French Greek debt deal could be blueprint for others

2011-06-27 26

French banks have agreed to roll over their holdings of Greek debt for 30 years, President Nicolas Sarkozy confirmed on Monday. The voluntary rollover of Greek bonds maturing between now and 2013 would mean Athens would continue to borrow more money long term, and it would not be defined by ratings agencies as a default. ... http://www.euronews.net/