Registered: Oct 2006
10-26-11 06:19 AM
and $1T on bailout fund.
At 60% forgiveness, whoever owns those Greek bond are virtually finish
German Chancellor Angela Merkel has told German lawmakers that the financial strength of the euro rescue fund, the European Financial Stability Facility, is to be leveraged to €1 trillion ($1.39 billion), and that a Greek debt cut of up to 60 percent is planned, opposition leaders said on Monday