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Thursday, 5 February 2015

Greece, Greek Bonds and the ECB: A Negotiating Tactic or a Major Threat?

From Reuters

ECB cancels soft treatment of Greek debt in warning to Athens

(Reuters) - "The European Central Bank abruptly canceled its acceptance of Greek bonds in return for funding on Wednesday, shifting the burden onto Athens' central bank to finance its lenders and isolating Greece unless it strikes a new reform deal".

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