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Image header Agence Europe
Europe Daily Bulletin No. 10369
Contents Publication in full By article 13 / 37
GENERAL NEWS / (eu) eu/greece

Rehn says restructuring Greece's debt would be “devastating”

Brussels, 02/05/2011 (Agence Europe) - EU Economic and Monetary Affairs Commissioner Olli Rehn has categorically rejected the idea of restructuring Greece's debt. “I repeat - it is not part of our strategy and it will not be”' he said on Monday 2 May at a conference on financial integration in Europe (see separate article). He added: “The proponents of debt restructuring seem to ignore the potentially devastating financial stability implications for the country itself and for the euro...

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