Troika Says Greece Needs Another Debt Restructuring Round

Submitted by Tyler Durden on 07/24/2012 11:41 -0400

• Greece
• International Monetary Fund

It has been a while since Greece made the front pages. That changes now:

1. GREECE SEEN MISSING EU/IMF DEBT REDUCTION TARGETS, FURTHER DEBT RESTRUCTURING NECESSARY - EU OFFICIALS

And to think all those knife catchers said the Greek bonds were the slam dunk trade of the year. All of them are about to get taken to the cleaners. As are their newsletter sales.