While bankers have been reluctant to acknowledge that hundreds of billions of euros of Greek debt is worth far less than its face value, they are slowly accepting the grim reality.
By LANDON THOMAS JR., New York Times
Tue, 10/04/2011 - 5:51pm
While bankers have been reluctant to acknowledge that hundreds of billions of euros of Greek debt is worth far less than its face value, they are slowly accepting the grim reality.