Greek Debt Swap Private Creditors Could Agree to 35-Billion-Euro Rollover

In the end, banks and other creditors may be forced to take part in the next bailout of Greece. SPIEGEL sources say a plan is taking shape that could see private creditors conduct voluntary rollovers extending the terms of Greek bonds and creating up to 35 billion euros in relief.
German Finance Minister Wolfgang Schäuble: Prospects for a swap of Greek debt appear to be improving.

German Finance Minister Wolfgang Schäuble: Prospects for a swap of Greek debt appear to be improving.

Foto: THOMAS PETER/ REUTERS
ssu/dsl -- with wires