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The package of measures that was announced in the latest Euro summit, was an agreement on certain policy areas that European leaders consider important, however it never was the sort of “comprehensive solution” that Merkel and Sarkozy had promised a week earlier. The package lacks vital details in just about every aspect. It nevertheless places the foundations for steps towards three directions (i) Greek debt restructuring, (ii) private bank recapitalizations, (iii) leverage of the EFSF. Since the very beginning and after analyzing paragraph by paragraph the official document about the Main results of the Euro Summit, I concluded that the new plan will die at birth for four reasons. ...
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On the new Greek bailout and the Euro package that will die at birth
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Posted by on 2nd November 2011
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On the new Greek bailout and the Euro package that will die at birth
Posted by on 2nd November 2011
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Posted by on 2nd November 2011
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Posted by on 1st November 2011
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Posted by on 1st November 2011
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I want to quote Emma Bonino – vice-president of the Italian senate.
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