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Risk Off As ECB Says Rumor Is Actually Not Fact

From zerohedge.com

But, but, but... ECB NOT YET DECIDED ON WHETHER TO CONTRIBUTE TO GREEK DEBT RESTRUCTURING - EURO ZONE SOURCES The V-Fib pattern formerly known as the EURUSD not happy. More from Reuters: European Central Bank policymakers are still divided on what contribution the ECB could make to a restructuring of Greece's sovereign debt, two euro zone monetary policy sources said on Wednesday. With private creditors having already largely agreed to write down the value of their Greek bonds, Athens and the commercial banks are calling on the ECB to accept some losses to help cut the debt to a sustainable level. While the ECB has ... (full story)

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