Berlin Considers a Shift on Greek Debt

[BoyRacer]

Berlin Considers a Shift on Greek Debt → online.wsj.com/article/SB1000142 … 53114.html

Berlin’s concession that it must lend Greece more money, even without burden-sharing by bondholders in the short term, would help Europe overcome its impasse over Greece’s funding needs before the indebted country runs out of cash in mid-July.

But some officials in Berlin hope that a short-term fix can be found that would allow a full deal including a bond rescheduling later this year.

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[Pill]

[Troika agrees on a VAT cut for Greece
/quote]

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