European officials have persuaded Greece’s politicians to squeeze more tax dollars out of the rich, the poor and even themselves. Now they have to prevent the country’s bondholders from pulling their money and running for the exits.
In a continent-wide series of sensitive talks over the next week, finance officials in Germany, France and other European countries will try to coax banks, pension funds and others who hold Greece’s bonds to keep their money invested in a nation regarded as an increasingly poor risk.
In a continent-wide series of sensitive talks over the next week, finance officials in Germany, France and other European countries will try to coax banks, pension funds and others who hold Greece’s bonds to keep their money invested in a nation regarded as an increasingly poor risk.
