Among the others European benchmark index Stoxx 600 fell by 0.47% so far today as a result of investors’ concerns over situation in Greece.
On Thursday, 8th of March Greece passes a deadline for exchanging current government bonds for new ones with lower value and longer buyout period.
Debt swapping operation will decrease Greek debt by about 100 billion euros. Without reaching agreement with bondholders Athens may not receive EUR130 billion rescue fund and country will not be able to avoid default.
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