Even now, the relations between these countries and their creditors are very different.
Talks between the country and its creditors were put on hold.
The rest is to be divided between the government and creditors.
In 1998 a restructuring agreement was finally reached between the company, its creditors, and the government.
But it also sets up a fight between a firm's shareholders and its other creditors.
Workouts take the battle between creditors and shareholders a step further.
An arrangement is an agreement between the debtor and his creditors.
The relations between the debtors and creditors would often become very nasty.
But disagreements between individual creditors led to delays in those payments, which began only recently.
We look forward to the resumption of talks between Greece and its creditors.