Tuesday, May 31, 2011

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Wire: BLOOMBERG News (BN) Date: May 31 2011  14:46:12
Germany Wants Private-Sector Involvement for Greece, Zeit Says


By Rainer Buergin
     May 31 (Bloomberg) -- Northern European Union countries led
by Germany still want private creditors to Greece to contribute
to bailouts of the over-indebted country, the German weekly
newspaper Die Zeit said without saying where it got the
information.
     The countries are especially pushing for a lengthening of
maturities of outstanding Greek government bonds, the newspaper
said in an e-mailed advance copy of an article in its print
edition.
     EU governments and the European Central Bank are seeking a
compromise on a new aid package for Greece, the newspaper said.

 

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