Another snag in Greek writedown talks means that Greece and its private-sector creditors may not...

|By:, SA News Editor
Another snag in Greek writedown talks means that Greece and its private-sector creditors may not wrap up before Monday, when Europe finmins meet about a new bailout. The hangup? An agreement centering on an average coupon of 4% on new bonds, which Germany and the IMF think is still too high to bring Greek debt back to sustainability. (ETF: GREK)