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Bondholders sanguine about Greece

LOSING FAITH?: A woman walking past graffiti entitled 'The Death of Euro' by street artist Goin in Athens on Feb 20.


AS Greece heads towards 11th-hour funding talks with its euro-area membership on the line, bondholders are surprisingly sanguine about its failure so far to secure a deal.

Forget the strategists at Commerzbank AG who say there's a 50 per cent chance it'll leave the currency...

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