MW: Greek bond swap talks to resume next week: reports
By MarketWatch
FRANKFURT (MarketWatch) -- Talks between Greece and private bondholders on a voluntary debt exchange failed to come to a conclusion on Friday and will likely resume on Wednesday, according to several news reports. Greek officials have been negotiating with representatives of the Institute of International Finance, a Washington-based group that represents international banks, in Athens. European leaders in October agreed to a second bailout plan for Greece but required private bondholders to bear part of the burden by agreeing to a restructuring that would write down the value of their Greek debt holdings by half.
