Friday, December 23, 2011

Greek deputy finmin sees "friction" in PSI talks- press



















Greece and its private bondholders are still at odds over a number of issues in their debt swap talks, a government official was quoted as saying on Friday.

"It seems there is convergence on many issues, for example on Collective Action Clauses (CACs) and on preferred creditor status," Yannis Mourmouras, one of the country's three deputy finance ministers, said in an interview in newspaper Imerisia.


Reuters