French banks have agreed to extend maturities of Greek debt for 30 years

Jun 27th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
French banks have agreed to extend the maturities of Greek debt for 30 years, President Nicolas Sarkozy announced today as the Greek government struggled to win the support of members of its PASOK governing party for the agreed EU-IMF austerity programme that will be subject to votes in the Greek parliament on Wednesday and Thursday.

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