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Empresas y finanzas

IIF's Dallara sees Greek bond market return by 2014 -report


    ATHENS (Reuters) - A voluntary swap of privately held Greek bonds as part of the country's bailout package will be successful and help the debt-laden country return to bond markets by 2014 at the latest, a key official coordinating the talks said on Saturday.

    "I see no reason why it (Greece) should not return to markets in 18-30 months," said Charles Dallara, managing director of the Institute of International Finance (IIF), a global bank association, in an interview with Greek newspaper Kathimerini.

    Asked if he was certain that 90 percent of all private holders of Greek debt will take part in the voluntary swap scheme, Dallara was quoted by Kathimerini as saying: "Yes, I am certain that the target can be achieved, if everyone does their work and cooperates harmoniously."

    (Reporting by Harry Papachristou; Editing by Catherine Evans)