German banks want incentives for Greek debt rollover

Top German banks exposed to Greek sovereign bonds have started to play hard ball with EU governments by asking for further guarantees and incentives if they are to participate in a debt rollover. Last Monday (20 June), the German Banking Federation issued a statement demanding better incentives before exposed banks are asked to extend repayments on their existing Greek debt with no strings attached.The banks' reaction comes on the back of a political agreement struck between EU finance ...

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