ATHENS (Reuters) - Greek and foreign bondholders offered about 30 billion euros ($38.8 billion) in a buyback plan that is key to the country's international bailout, a Greek government official said on Saturday.

Sections:  world   business   
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailoutCyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demandBaby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • Swedish police find drugs on Bieber tour busSwedish police find drugs on Bieber tour bus
    The latest chapter in Justin Bieber's European tour escapade was added Thursday when Swedish police said they had found drugs and a stun gun on the pop singer's bus. Lars Bystrom, spokesman for the Stockholm police, told The Associated Press a small amount of drugs and a stun gun were discovered during a search of the bus, which had been parked under the Globen concert venue in Stockholm, where Bieber was performing Wednesday. More
  • Greece's Eurobank wants to plug capital shortfall from private investors only
    Chief Executive Officer Fokion Karavias told analysts that the bank wants the amount to be covered by equity investors and an ongoing bond buyback offer "so ... a loss of 1.32 billion euros in the second quarter, helped by lower bad debt provisions.
    11/2/2015 - 11:00 am | View Link
  • More Time For Investors To Sell Back Greek Debt
    Bankers estimate that foreign investors, which own about 24 billion euros worth of bonds, have offered 15 billion to 17 billion euros in debt so far. The restructured bonds are seen by the Greek ... buyback.” Such measures might include a second buyback ...
    12/10/2012 - 4:54 am | View Link
  • Investors offer about $38.8 billion in Greek debt buyback: source
    The buyback accounts for about half of a broader, 40-billion euro EU/IMF debt relief package ... also said they would offer their bonds. Foreign investors have offered between 15 and 16 billion euros worth of bonds, Greek newspapers reported on Saturday ...
    12/8/2012 - 2:48 pm | View Link
  • Investors offer nearly 30 bn euros in Greek debt buyback: source
    Greece is set to purchase back about half of its debt owned by private investors, broadly succeeding in a bond buyback ... they would offer their bonds. Foreign investors have offered between 15 and 16 billion euros worth of bonds, Greek newspapers ...
    12/8/2012 - 6:22 am | View Link
  • Investors offer about 30 billion euros in Greek debt buyback
    Greek and foreign bondholders offered the targeted 30 billion euros (24.19 billion pounds) in the deal, which is central to efforts by Greece's euro zone and International Monetary Fund lenders to cut its debt to manageable levels. "The buyback went well ...
    12/7/2012 - 11:58 pm | View Link
  • More
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    09/23/2016 - 5:39 pm | View Website
  • European debt crisis
    The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural ...
    09/23/2016 - 5:03 pm | View Website
  • Forbes Welcome
    Forbes Welcome page -- Forbes is a global media company, focusing on business, investing, technology, entrepreneurship, leadership, and lifestyle.
    09/23/2016 - 1:36 pm | View Website
  • Dow Jones Tomorrow's News Today
    Tomorrow's Headlines. Fed: Case for Rate Hike Has Strengthened; Bank of Japan Steps Into New Waters With Policy Revamp; SEC Accuses Leon Cooperman of Insider Trading
    09/23/2016 - 9:47 am | View Website
  • Wires
    17 Mins Ago. WASHINGTON— The number of Americans applying for unemployment benefits fell last week to the lowest level since July, more evidence that U.S. workers ...
    09/23/2016 - 9:18 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News