Friday August 7, 2020

Ireland 'won't follow Greece'

Ireland is to insist it will not follow Greece and seek to impose losses on investors who bought government bonds, as it became clear this weekend that Greece's lenders were going to face much larger

22nd October, 2011

Ireland is to insist it will not follow Greece and seek to impose losses on investors who bought government bonds, as it became clear this weekend that Greece's lenders were going to face much larger losses than earlier expected. Following a gloomy report on Greece's position, the EU is now moving towards reopening the July deal, in which Greece's lenders accepted a 21 per cent loss, and are now set to seek write-downs of at...

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