The International Swaps and Derivatives Association, Inc. (ISDA), as secretary to the Determinations Committees (the DCs), today announced that a question relating to a potential credit event with respect to the Hellenic Republic (Greece) has been submitted to, and subsequently accepted for consideration by, the EMEA Determinations Committee.
The ISDA EMEA Determinations Committee will meet at 1PM GMT on Friday, March 9 to discuss the question and to determine whether a credit event has occurred.
Further information regarding the question is available at www.isda.org/credit.