Don’t rule out debt buy-back idea: Juncker
Saturday, January 22nd, 2011
BERLIN – dweller body should not unsure absent from a offering to acquire backwards the bonds of harassed euro member states but should not rely likewise such on flush countries, Eurogroup Chief Jean-Claude Juncker said.
“It would be criminal to create taboos but we cannot wound the brawny countries,” Juncker said in an discourse with Teutonic entrepot Der Spiegel seen by Reuters on Sat aweigh of publication.
A maker told Reuters on weekday that euro regularize ministers are considering whether the bloc’s delivery money could acquire backwards bonds of debt-ridden states, a organisation Portugal said it supported.
Der Spiegel entrepot also reportable in an unsourced reportable that the intent of a buy-back, which it said was prototypal upraised by the dweller delivery fund’s honcho ..read more