Vienna Initiative agreement sets in motion Greece deal

merkel-sarkozy

Germany and France look set to agree on a new bailout deal for Greece after German Chancellor Angela Merkel said she would back a Vienna-Initiative style arrangement for Greek bondholders.

The Wall Street Journal reported Merkel on Friday as saying a "Vienna initiative", a voluntary rollover of Greek bonds, could form the basis of a deal. "The aim is the participation of the private sector on a voluntary basis, and the Vienna initiative, as it is known, is a good foundation, and I think we can

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: