And he talked to Sarkozy, and Sarkozy said, wait a minute, French banks are the largest
holders of Greek debt.
As in 2010 - 11 under Dominique Strauss - Kahn, French banks are major
holders of Greek bonds (including via their ownership of Greek banks).
Strauss - Kahn wanted to be president of France, and therefore had to press to bail out French banks, which were the major
holders of Greek bonds.
Private
holders of Greek bonds are being squeezed too: for every 2 bonds they hold, they'll be offered a new one that is longer - dated and lower - yielding.
Under the latest palliative arrangement (reached in October),
holders of Greek bonds are expected to accept a 50 % loss on their investments.
Not exact matches
This framework includes a recapitalization
of the banks; a «voluntary haircut»
of 50 percent on
Greek debt
holders; and, a leveraging
of the EFSF to about $ 1 trillion.
A best
of 5.92 m for a world lead and meeting record saw France's world indoor record -
holder Renaud Lavillenie win the pole vault, with
Greek world indoor champ Konstadinos Filippidis placing second on countback with 5.62 m. Britain's Steve Lewis was eighth with 5.52 m.
Gray bathroom features a gray dual vanity fitted with his and hers clear glass towel
holders in front
of his and hers sinks as well as
Greek bust necklace
holders placed under a gray framed mirror illuminated by a nickel sphere pendant.
Also, the
Greek precedence indicates that EU bond
holders can loose 75 %
of their value, and can not be regarded as riskless assets.
But as the «Grexit» drama unfolds, and news
of ATM withdrawals being limited to the equivalent
of $ 60 for
Greek account
holders, hotels have seen a drop
of at least 20 per cent in last minute bookings and holidaymakers that have already booked are wondering whether or not they should make the trip.
Acting for the beneficiary
of the estate
of a deceased bank account -
holder in a stakeholder claim brought by the London branch
of a
Greek bank, involving a dispute over the beneficial entitlement to the account balances.