Greece has finally set a date for a €200bn (£166bn) debt swap for private bondholders, which is part of a second €130bn bailout for the country that is being presented for approval by eurozone finance ministers on Monday. Greece's cabinet approved another set of austerity measures on Saturday, paving the way for the rescue package. The swap involves private bondholders exchanging €200bn of Greek sovereign debt for a mixture of new bonds of a lower value and cash. The long-awaited debt restructuring will happen between 8 and 11 March, not long before Athens has to pay back a €14.5bn bond maturing on 20 March. The deal ... (full story)