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Friday, October 12, 2012

Asmussen: Greece could buy back debt to meet its debt goal


Asmussen: Greece could buy back debt to meet its debt goal
ForexLive (blog)
0 comments || Add comment. The ECB can't buy bonds directly; Greek debt/GDP to be far above 120% by 2020; A buyback is not the same as a debt writedown. Presumably the ECB board members means that Greece could use bailout funds (or ESM funds?) ...

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