Question of further haircut at center of debate

“Split opens over Greek bail out terms,” http://www.ft.com/intl/cms/s/0/69902e72-e926-11e0-af7b-00144feab49a.html#axzz1ZBIGXaNo says the FT. The current debt exchange as part of Bailout 2 has Greek bondholders taking a 21% haircut at the same time short term bonds are trading below 50 cents on the euro

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