Greece narrowly averts prospect of debt default

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ATHENS, GREECE: Greece appeared to step back from the prospect of a devastating debt default Friday after its prime minister quelled chaotic political infighting and Germany softened a contentious demand on the participation of the private sector in a new European bailout. After two days of dissent inside his Socialist party that threatened to bring down his government, Prime Minister George Papandreou named his…

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Greece narrowly averts prospect of debt default

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Posted by on June 19, 2011. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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