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Europe Daily Bulletin No. 10591

11 April 2012
ECONOMY - FINANCE / (ae) euro
IIF wants debt pooling and says austerity must not go too far

Brussels, 10/04/2012 (Agence Europe) - The Institute of Finance (IIF), which represents most private Greek bondholders and negotiated the Greek write-down for them, has made recommendations about how to solve the eurozone debt crisis, for discussion at the IMF and World Bank summits. It recommends a gradual, differentiated approach to budget policy rather than simply applying budget discipline across the board, the approach taken in the budget pact signed by 25 member states to cut budget...

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ECONOMY - FINANCE
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