Creditor group sees 1 trillion euro Greek default risk

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[URL="http://l.yimg.com/bt/api/res/1.2/rlfdfOArXSQCoWitwuzEFA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-03-06T125330Z_1_BTRE8250ZT800_RTROPTP_2_CBUSINESS-US-GREECE-BONDS.JPG"] [/URL]LONDON/ATHENS (Reuters) - A disorderly Greek default would cause more than a trillion euros ($1.3 trillion) of damage to the euro zone and could leave Italy and Spain dependent on outside help to stop contagion spreading, the main bondholders' group has said. Greek private creditors have until Thursday night to say whether they will participate in a bond swap that is part of a bailout and restructuring deal to help it manage its finances and meet a debt repayment on March 20. ...




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