More on Euro Crisis

 July 6 (Bloomberg) -- Germany will revive a proposal for a Greek bond swap that would involve a voluntary exchange of debt against bonds with a longer maturity, a government official said. While a bond swap might create a so-called rating event,the German government sees it as limited to a very short time,the official said in Berlin today on condition of anonymity because negotiations on Greek debt are private. Discussions on a bond swap have become possible again after rating companies indicated that the French model to roll over debt would create a rating event, the official said.