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I agree it is a 'relative' small amount
but when they don't know now how to pay it, they will not know it tomorrow
miracles don't happen, look what happened, they cam to Brussels without a plan...
If you would run your private finance like that.. you are broke in no time
it is ok to need money
but you will have to tell you bank some time before
no bank will give you money, if you need it by surprise and for tomorrow..
in my opinion, these guys have no idea of how to fix the situation...
imho they will cut it out of the 4-5 bn € of 3-6 months T-bills/IOUs that they
issued last week. Even the Greeks know that private creditors lose patience
much faster than the anonymous taxpayers of the E(M)U
"... The bonds, issued in 1995, were held by Japanese and foreign financial institutions, hedge funds and individuals. The amount issued was 20 billion yen, but the principal was cut nearly in half through restructuring. ..."
So I think it wasn't the former face value that was repaid.
P.S.: Interestingly the trustee already reported before the Greek officials (lol).