Today is yet another day of reckoning for Greece and the eurozone: bondholders have until 3 pm...

|By:, SA News Editor

Today is yet another day of reckoning for Greece and the eurozone: bondholders have until 3 pm ET to decide whether to accept the €206B debt swap, and depending on the report you read (I, II, III), creditors representing up to 60% of the loans have agreed. Greece needs 66% to trigger CACs but still default, and 95% to avoid it.