He also pointed to debt swap
programs with Switzerland, Germany and Italy.
60 billion) to the second Greek bailout after covering the costs of the Greek debt swap
, the EFSF's chief executive Klaus Regling said.
Global Banking News-July 17, 2014--Cyprus wants to initiate talks on debt swap
Its total value is $300m, and will provide access to basic infrastructure services which require intensive labour, in addition to the third agreement of a German debt swap
The PBoC has also injected liquidity into banks, expanded lending facilities to banks and introduced a $323 billion debt swap
programme for local governments to alleviate their debt burden.
The German government granted e1/4240m Euros to Egypt as part of a new debt swap
programme," said Al-Araby to Egyptian press.
According to Reuters, the head of the Greek central bank, George Provopoulos, has said that commercial banks in the country that have been hit hard by the debt swap
agreements, may not need all of the capital earmarked for them by the EU and the IMF.
Summary: Greece's parliament was expected to endorse a debt swap
with private bondholders that forms the core of its 130-billion-euro bailout, despite new protests against tough budget cuts
Near-bankrupt Greece struggled on with its foreign lenders on Tuesday to show them it can ram through spending cuts and labour reform in exchange for a crucial debt swap
deal and a 130 billion euro bailout package needed to avoid an unruly default.
00 Bank of Cyprus, on Tuesday posted a e1/4801 million net loss for the nine months of the year after taking provisions for a Greek sovereign debt swap
ISLAMABAD, September 06, 2010 (Balochistan Times): Italy and Pakistan here on Monday signed the minutes of projects approved under the Pak-Italian Debt Swap
Agreement (PIDSA), totalling to an amount of Rs.
A debt swap
could leave many unsecured debtholders with big losses.