• The ratings agency said plans for the private sector to roll over debts could trigger a default under its ratings criteria.

    BBC: Greece crisis: S&P warns of debt default

  • Assuming Papandreou and his new finance minister, Evangelos Venizelos, manage to push their agenda through parliament, European policymakers are fettering over whether a debt roll over or a debt swap option will provide them with the best means to avoid a credit default and a change in credit ratings. (Read Papanderou Loses Support As Eurozone Hopes To Aver Contagion).

    FORBES: Europe's Fate Hangs From A Thread Ahead Of Greek Confidence Vote

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