The plan to cut the Greek debt takes off. Thirty banks they accepted the swap which will cause the Greek bonds in their possession to lose 70% of the nominal value. In all, these institutes have in hand Greek government bonds for 81 billion euros, equal to 39,3% of the total 206 billion included in the swap programme.
This was communicated by the Institute of International Finance, specifying that the banks in question are Ageas, Allianz, Alpha Bank, AXA, Banque Postale, BBVA, BNP Paribas, CNP Assurances, Commerzbank, Credit Agricole, Credit Foncier, DekaBank, Deutsche Bank, Dexia, Emporiki Bank of Greece, Eurobank EFG, Banca Generali, Greylock Capital Management, Groupama, HSBC, ING, Intesa San Paolo, KBC, Marfin Popular Bank, Metlife, National Bank of Greece, Piraeus Bank, Royal Bank of Scotland, Societe Generale and Unicredit.
