Brussels, 16/07/2012 (Agence Europe) - On Monday 16 July 2012, the European Commission said that the draft Spanish memorandum does not plan for any contribution from senior bond-holders, but rather from junior bond-holders and shareholders, as Simon O'Connor, a spokesman for European and Monetary Affairs Commissioner Olli Rehn explained.
The Wall Street Journal said on Monday 16 July that the head of the European Central Bank, Mario Draghi, said at the Eurogroup meeting on 9 July that he...