Thursday, February 16, 2012

ECB exchange their Greek Bonds to avoid losses.

The rather startling, certainly eye-opening report is from the Wall Street Journal and is linked from here.

Update Euro strengthens on the news see Bloomberg report, here.

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Blogger James Higham said...

I'm runnng with the March 23rd Greek default, to follow the 5 U.S. banks defaulting in all but name late January.

8:29 PM  

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