As Greece waits for the release of 31 billion euros of emergency loans one top official has said the country will have to earn any, "haircut" on its debt.
Jens Weidman a member of the governing council of the European Central Bank believes a writedown of some of the debts will only make sense as a reward for completing a reform package that puts Greece's finances on a sustainable basis.
...
http://www.euronews.net/
