The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Participation in Greek debt deal over 75%: AP

CHICAGO (MarketWatch)
More than 75% of private creditors have agreed to participate in Greece's debt swap deal, the Associated Press reported Thursday, citing an unnamed Greek government official close to the situation
Other published reports indicated the same figure
The plan, a significant element of the latest international bailout of Greece, is intended to cut the country's national debt by €107 billion
Greece would default in two weeks if the deal falls through, the AP said

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