"On top of the 50 percent nominal loss, or haircut, already agreed, the lower coupon would produce a total loss for bondholders of more than 70 percent." is not enough for me....we need to reach the 90% level to make this a sustainable package....Watch this space as Greece now seems to understand that it is holding all the cards.....Default is unacceptable to the financial groups so push for an even better deal; is my advice to Greece   more »