Friday, 23 September 2011


Greece's finance minister has told lawmakers he sees

three scenarios to resolve the debt crisis, including

one involving an orderly default with a 50pc haircut

for bondholders, two Greek newspapers reported on

Friday.

http://www.telegraph.co.uk/finance/financialcrisis/8784243/Greece-sees-default-with-50pc-haircut-on-debt-reports.html