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Tuesday, September 30, 2014

ECB Planning Greek, Cypriot Junk Buyout

European Central Bank (ECB) president Mario Draghi revealed that he will push for the ECB to buy “junk”-reated Greek and Cypriot loans in an effort to prevent economic stagnation in the Eurozone, the Financial Times (FT) reported. Draghi plans to elaborate on the details sometime this week. The plan would allow ECB to purchase some […] The post ECB Planning Greek, Cypriot Junk Buyout appeared first on The National Herald.


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