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Friday, November 2, 2012

ECB May Face Involuntary Losses on Greek Debt, Bosomworth Says


ECB May Face Involuntary Losses on Greek Debt, Bosomworth Says
Businessweek
The European Central Bank may have to take losses on its Greek sovereign bonds because the country is unlikely to repay its debt in full, Andrew Bosomworth, managing director at Pacific Investment Management Co. said. “At the end of the day it's the ...

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