Europe weighs further Greek bailout delay: report

FRANKFURT (MarketWatch)
Euro-zone finance officials are considering delaying part or possibly all of a second 130 billion euro ($171 billion) bailout package for Greece while taking steps to avoid disorderly default, Reuters reported Wednesday, citing unnamed European Union sources
The delays could postpone the bailout until after elections expected in April, the report said
Greece faces a 14.5 billion euro bond repayment on March 20
In order to avoid a default, European officials would allow a planned, private-sector voluntary debt swap that aims to cut Greece's debt burden by 100 billion euros proceed, the report said