EU Said to Have No Deadline for Conclusion of Greek Debt Talks

The European Union has no deadline for concluding negotiations with Greece and private bondholders on details of a debt swap that was broadly agreed to in October, according to two euro-region officials.

There is also no talk that the official sector might add more public money to the deal, which aims to slice 100 billion euros ($130 billion) from the 205 billion euros of privately owned Greek debt, said the officials, who declined to be identified because the discussions are private.