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Sunday, October 7, 2012

Debt crisis: ECB board member shuts door on Greek pleas for leniency


Telegraph.co.uk

Debt crisis: ECB board member shuts door on Greek pleas for leniency
Telegraph.co.uk
Mr Asmussen said that the ECB could not lengthen the time period for loans to Greece nor lower interest rates as "both concessions would be a form of debt forgiveness and therefore a direct financial support for the Greek state. "That would not be ...
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READ THE ORIGINAL POST AT www.telegraph.co.uk