Saturday, June 18, 2011

EU Juncker: Private Sector Greece Involvement 'Playing With Fire' -Report















A plan to involve private sector creditors in a debt restructuring plan for Greece is "playing with fire," and could lead to a credit default with "extreme consequences" for the euro currency block, Jean-Claude Juncker, head of the group of euro-area finance ministers, said in an interview published Saturday in Germany's Sueddeutsche Zeitung.



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