Merkel Agrees to Voluntary Greece Bondholder Role

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#1 Fri, Jun 17, 2011 - 8:51am
Violent Rhetoric
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Merkel Agrees to Voluntary Greece Bondholder Role

When Merkel says "voluntary" I suspect she means it in the same way Obama got the GM creditors to "volunteer". The problem remains, Greece spends more than it takes in.

“We would like to have a participation of private creditors on a voluntary basis,” Merkel told reporters in Berlin today at a joint press conference with French President Nicolas Sarkozy.

https://www.bloomberg.com/news/2011-06-17/merkel-says-she-s-prepared-to-work-with-ecb-on-investor-role-in-greece.html

Edited by: Violent Rhetoric on Nov 8, 2014 - 5:07am

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