Debt-for-equity swaps offer Greece a better way

Peter Allen, Barry Eichengreen, Gary Evans, 28 February 2014

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Last week, Eurogroup finance ministers in their wisdom decided that there would be no debt relief or restructuring for Greece until the end of the summer. Evidently they wish to avoid exciting voters in the European Parliament elections in May.

Topics: EU institutions, International finance
Tags: debt-equity swaps, Greece, greek crisis, Greek debt

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