Greece may reach an agreement with private sector creditors on a debt writedown plan by the end of the week, a Greek Finance Ministry official said Wednesday.
“All indications are that we might have an agreement by the end of this week,” said the official.
Talks between Greek government officials and private sector creditors on the bond swap plan continued in Athens late Wednesday after stalling last week amid differences about the future interest rate Greece would pay bond holders.
Taking part in the meeting are Greek Prime Minister Lucas Papademos, Finance Minister Evangelos Venizelos and Institute for International Finance (IIF) managing director Charles Dallara.
(source: Dow Jones)



