Forgiveneness
Haircut time for the European Central Bank?
I spoke to a member of the ECB council in Davos last month, who told me that he was in favour of selling the Bank’s (estimated) €5obn of Greek bonds to the EFSF. He even said that the ECB president, Mario Draghi, was reasonably well disposed to the idea.
By Ben Chu | Eagle Eye - Breaking views from commentators -, Econoblog | Wednesday, 8 February 2012 at 5:36 pm
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