As I understand it, some portion of the Greek sovereign debt has been converted into "Euro swaps". Can someone explain in simple terms what that means? What debt was given to whom?

  • $\begingroup$ Could you please tell, from where have you got that kind of an idea? $\endgroup$
    – Gspia
    Aug 12 '16 at 3:57
  • $\begingroup$ @Gspia Why does it matter? If you don't know about the swaps, then you won't be able to answer the question. $\endgroup$ Aug 12 '16 at 6:36
  • $\begingroup$ Yes, that is true, I don't know about that kind of arrangements. There were swap arrangements way back along but clearly the question is not about those. I tried to check if there is something in the news but couldn't find anything on a quick look. I asked, because your question sounds interesting. $\endgroup$
    – Gspia
    Aug 12 '16 at 7:56

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