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IfW Says 80% Greek Bond Losses Are Needed, Boersen Reports

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Jan. 25 (Bloomberg) -- The IfW economic research institute, based in Kiel, Germany, said Greece needs private investors to take losses on government bond holdings of more than 80 percent if the country is to stabilize its budget, Boersen-Zeitung reported, citing a study by the institute.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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