A Greek newspaper reports the EU, IMF, and ECB have concluded a Greek debt restructuring is...

|By:, SA News Editor

A Greek newspaper reports the EU, IMF, and ECB have concluded a Greek debt restructuring is inevitable. The plan being discussed would allow a 35% haircut to existing paper, convert the rescue fund loan to 30 year bonds (from 3-7 year), and increase the size of the bailout. FXE +0.5%.