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IMF Calls on Europe to Give Greece ‘Unconditional’ Debt Relief
Greece’s European creditors must give the nation “unconditional” debt relief for the International Monetary Fund to provide new financing, the Washington-based fund said, laying out its position as Euro-area finance ministers meet in Brussels to discuss the bailout. Euro-area governments should send a signal to markets that the nation’s borrowing burden is sustainable by providing debt relief before the next installment of Greece’s 86-billion-euro ($96 billion) bailout is disbursed, according to a preliminary debt-sustainability analysis of Greece’s finances that the IMF released Monday. The IMF is ... (full story)
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- glenngie
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Carbon-Dioxide: the gas of life!
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Beware of robber banks (RB), bad advisors.
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"Bulls make money, bears make money, pigs get slaughtered"
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"Bulls make money, bears make money, pigs get slaughtered"
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Beware of robber banks (RB), bad advisors.
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"Bulls make money, bears make money, pigs get slaughtered"
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Carbon-Dioxide: the gas of life!