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ECB Shows Signs of Bailout Flexibility | |
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July 17, 2012 Ten days after becoming Irish finance minister last March, Michael Noonan spoke with Jean-Claude Trichet, then the chief at the European Central Bank, and told him what his Fine Gael party had been telling voters for weeks: the new government intended to force losses on holders of senior Irish bank debt, the Financial Times reports. Source: http://www.cnbc.com/id/48205496?__source=RSS*tag*&par=RSS |
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