[credit provider=”http://commons.wikimedia.org/wiki/File:Athens-night-view1.jpg” url=”Wikimedia%20Commons”]
Just out via Bloomberg…Banks — well, technically the institution for international finance, which represents them in negotiations — say time is running out to resolve plans to writedown and restructure Greek debt.
Key issues, they say, remain unresolved.
This has kind of been known for a while, that the agreement made last October was not coming along smoothly, but now they issues are being made public.
Greece will ikely default in March without a solution on this front, so time is of the essence.