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Wednesday, May 11, 2016

Regling proposal: ESM to buy part of Greece’s debt to the IMF, as EMS-loans have lower interest rates

It is certainly a revolutionary proposal that expected to raise sharp criticism in Germany. Managing Director of the European Stability Fund Klaus Regling has reportedly brought a controversial 2-page proposal to the Eurogroup meeting on Monday. In his proposal, Regling offers that the ESM buy part of Greek debt to […]


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