Greece: bailout hinges on PSI outcome but no credit event yet
The success of the Greek bail-out was dumped in the lap of the Greek Private Sector Initiative on Thursday when the eurozone finance ministers decided to withhold €71.5bn of Greece’s €130bn bail-out package dependent upon its outcome. Yet that outcome is unclear with the result still a week away. SSA Markets spoke to PSI insiders about the progress being made with the PSI and what is on offer.
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