It's a kitchen sink of initiatives agreed to by the Troika to help reduce Greece's debt load....
It's a kitchen sink of initiatives agreed to by the Troika to help reduce Greece's debt load. Among them are buybacks of the country's debt, a return of profits booked by the ECB from its SMP purchases, a reduction in bailout program interest rates, and the outright deferral of some interest payments. Worried about frontrunning? Lagarde: "The less we talk about the debt buyback, the better we are with regard to pricing."
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