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Image header Agence Europe
Europe Daily Bulletin No. 10547
ECONOMY - FINANCE - BUSINESS / (ae) greece

Special bank account for Greek interest payments

Brussels, 06/02/2012 (Agence Europe) - On Monday 6 February, the German chancellor, Angela Merkel, and the French president, Nicolas Sarkozy, said that the interest payments on the EU's loans to Greece as part of the second bailout programme should be paid into a special “blocked” account which would serve as a guarantee fund for the repayment of Greece's debt. They were speaking in Paris after a joint meeting there of French and German ministers. Merkel said that the money had to be...

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