Greece closes in on bond swap, hurdles key threshold
ATHENS (Reuters) – Greece moved closer to wrapping up its bond swap with private investors on Thursday, indicating that it had already cleared a vital threshold needed to pass a deal which will hand bondholders steep cuts in the value of their investments. With less than three hours to go before the 2000 GMT deadline on the biggest sovereign debt restructuring in history, a senior official said the government had acceptances covering more than 75 percent of bonds eligible to take part in the offer. . . .
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