As rumored earlier, Greek debt restructuring talks have collapsed, with private bondholders unwilling to accept the IMF's insistence of a greater than 50% haircut. "Under the circumstances, discussions with Greece and the official sector are paused for reflection on the benefits of a voluntary approach," says the IIF chief (negotiating on behalf of the bondholders).
As rumored earlier, Greek debt restructuring talks have collapsed, with private bondholders...
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