Banks to meet to sweeten Greek terms / Finns talk tough on aid for Greece

Article reports that the eurozone’s big banks would meet again in Paris on the 6 July 2011 in an attempt to end the deadlock with European authorities over the terms of investors’ participation in the restructuring of Greek sovereign debt.

Separately, Finland warned on the 5 July 2011 that it would not provide further aid to Greece without collateral from Athens, highlighting the tough stance Helsinki intends to take in negotiations over a fresh bail-out package for the country.

ESO: Background information: The Greek debt crisis of 2010 http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

ESO: Background information: ECB will continue to accept Greek debt / Greek bail-out holds ‘impossible knot’ http://www.europeansources.info/record/ecb-will-continue-to-accept-greek-debt-greek-bail-out-holds-impossible-knot/

Kathimerini, 5.7.11: Private bondholders meet to flesh out Greek debt plan http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_22409_05/07/2011_397218

Website: Institute of International Finance http://www.iif.com/

Kathimerini, 5.7.11: PM wants reform by fall http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_22334_05/07/2011_397213

Kathimerini, 6.7.11: No deal on debt rollover in Paris http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_18488_06/07/2011_397368

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