ECB Said to Swap Greek Bonds to Avoid Losses
- 00:03:41
- Bloomberg
ECB Said to Swap Greek Bonds to Avoid Losses
Feb. 17 (Bloomberg) -- The European Central Bank is swapping its Greek bonds for new ones to ensure it isn’t forced to take losses in a debt restructuring, three euro-area officials said late yesterday on condition of anonymity. Bloomberg's Michael McKee reports on Bloomberg Television's "InsideTrack."
Bloomberg | February 17, 2012
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