Greece is making plans to kick its debt can a very long way down the road, seemingly around 100 years if Reuters has its facts right:
"One of the options the sovereign is looking at is offering a
100-year bond in return for outstanding short-term debt, said a
banker at one of the institutions advising Greece who said he
saw the plans being studied.
Two senior Greek government officials denied that such a
plan was being considered.
"We are obviously not working on
this"
Well they would say that, wouldn't they?
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