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Who holds all the Greek debt now? ECB…

By   || May 19, 2010 at 14:43 GMT
|| 3 comments || Add comment

Ambrose Evans-Pritchard wrote earlier in the week about European banks gleefully selling Greek government debt to the ECB (and repo-ing the rest to them) …Looks like the ECB would be left holding the bag if the Greeks did leave the euro zone…Not sure that’s a good thing for the euro…

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3 Responses to “Who holds all the Greek debt now? ECB…”

  1. Raj on May 19th, 2010 14:45 GMT

    EURCHF has gone up by 180 pips in the last 30 min. Is this just a normal rally of EUR or another step of intervention by SNB?

  2. Bear on May 19th, 2010 14:47 GMT

    so thats ahhh eur -ve right

  3. M. B. Drapier on May 20th, 2010 02:28 GMT

    Willem Buiter has been talking about the ECB’s “qualitative easing” and the state of its balance sheet for a while now.

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