Greek bid for debt relief faces euro zone skepticism

Greece wants to restructure its huge public debt through cheaper refinancing, longer maturities, a write off of some principal and turning some debt into perpetual or GDP-linked bonds, but the plans have no support in the euro zone so far. A restructuring has been one of the key demands from Greece in its negotiations with creditors on new financing, but until now Athens has never quite explained what it meant. The euro zone, which holds most of the debt, does not even want to start discussing a