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Greek debt plan would be restricted default: Fitch

FRANKFURT (MarketWatch)
Fitch Ratings on Friday said the plan for private-sector participation in the Greek rescue plan approved by euro-zone leaders Thursday will constitute a «restricted default.»
Noting that the proposed debt exchange implies a 2…

FRANKFURT (MarketWatch)
Fitch Ratings on Friday said the plan for private-sector participation in the Greek rescue plan approved by euro-zone leaders Thursday will constitute a «restricted default.»
Noting that the proposed debt exchange implies a 2…