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EFSF Will Provide Sizeable Part Of New Greek Bailout
The euro-zone's temporary rescue fund will supply a "significant" portion of the funds needed for Greece's second bailout, and expects strong demand for its bonds from Asian investors, according to a preview of an interview with the rescue fund's deputy chief executive to be published Monday. The European Financial Stability Facility "will provide a significant part of the sum, partly in the coming months, partly later," Christophe Frankel told German magazine WirtschaftsWoche. "We won't overload the markets," he said. Asian investors are "positive" about the EFSF's bonds and the disproportionate share of European ... (full story)
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