Eurozone leaders will meet on Thursday for a crunch summit to try to resolve the Greek debt crisis and prevent any further contagion to other so-called peripheral economies. Policymakers will discuss a range of measures, including a new loan package to Greece and the role of private investors in any debt restructuring. Reports suggest a new tax on banks will also be debated. But German Chancellor Angela Merkel has cautioned against over optimism. ‘Very serious’ Greece received its first aid package in May last year, but the debt…
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on July 20, 2011. Filed under News.
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Posted by
on July 20, 2011. Filed under