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Wolfgang Schaeuble, the German Minister of Finance issued an appeal yesterday to European partners to do together whatever it takes, in order to push the International Monetary Fund out of the European Union. Four years ago it was again Schaeuble and Germany the ones who demanded the cooperation of IMF in the first bailout of […]
The details of Private Sector Participation (PSI) in the haircut of the Greek debt is presently the critical issue, on which will be judged not only the prospects of Athens regaining sometime in 2015 the possibility of self-financing its debts, but the outcome of negotiations over the PSI will also define the overall abilities of […]
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