Greece To Buy Back Bonds



Embed Code

Copy/paste the following code


Greece's government says it will buy back nearly 32 billion euros of its bonds — that means the country would be erasing nearly $40 billion worth of debt. The country's private-sector creditor agreed to sell off the bonds, though at sharply discounted prices. Getting rid of this chunk of debt should allow Greece to get more money from the International Monetary Fund.

Copyright 2016 NPR. To see more, visit

Copyright NPR. View this article on