Greece extends date for swap of remaining bonds
World BusinessMar 25, 2012
ATHENS (AP) ― Greece’s finance ministry on Friday again extended the deadline for holders of Greek bonds issued under foreign law or by state enterprises to agree to swap them with new securities worth less than half their original value.The exchange will complete the biggest debt writedown in history, relieving the crisis-hit country of just over half its 205 billion euros ($271.5 billion) pile of debt held by banks, pension funds and other private investors.The deal is intended to secure Greec