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EUR Pressured by German Insistence on Extending Greek Matur

posted by Avatar FXTimes 716 days ago in EUR, Fundamental, Sentiment made popular 716 days ago

Greek debt worries crept back into the spotlight mid-week as we had Germany insisting that any deal with Greece includes some extension of maturities. This is at odds with what the ECB wants in that they are seeking by all means to avoid a “credit event” – one in which credit rating agencies feel that Greece has met the technical definition of defa
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