The American Empire in a Changing World


Saturday, September 22, 2012

''Report: Troika considering second debt restructuring for Greece''

From EU Observer

''The discussion reportedly revolves around writing off Greece's first bailout of €110bn dating back to 2010, when eurozone states, the European Central Bank and the International Monetary Fund cobbled together a bailout via bilateral loans.

But neither the IMF or the ECB is willing to take any losses, putting the whole burden on eurozone governments, sources told the newspaper.''

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