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Greece: Costas’ Concordat

Costas’ Concordat – Ilias Makris
I Kathimerini (Athens)

"Dad, what does PSI mean?"

"You have to pay double for a place in first class, but travel in third"

The Greek government is negotiating a partial write-off of its debts to private investors (Private Sector Involvement – PSI). A final agreement should be reached by the 30 January, the day of the European Council.