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Tuesday, February 3, 2015

Greece stepped back on write-off of its debt

The Greek new government seems to back down from its aim of cancelling debt, after Yanis Varoufakis, the new Greek finance minister, revealed his new plan of swapping the 315 billion euros of public debt for growth-linked bonds. But in Berlin, German Finance Minister Wolfgang Schäuble stressed that there won’t be any changes to Greece’s debt programme. Yanis […]


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