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"We would not treat a debt buy-back as a credit event provided it was wholly voluntary and had...
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Tuesday, November 27, 2012, 12:10 PM ET"We would not treat a debt buy-back as a credit event provided it was wholly voluntary and had no adverse implications for non-participants," says Fitch, giving a thumbs-up to last night's Greek deal. "This is positive for Greece and for other eurozone sovereigns." "Implementation risk ... will remain high." You don't say.
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