Daily Archive: Monday, January 17, 2011

Greece to Restructure Debts of Govt Pension Funds

Looks like the govt is reducing the amount of euro they owe themselves, But not reducing the liabilities those govt pension funds and other agencies owe others? Greece to Restructure Debts of Pension Funds, Isotimia Reports By Marcus Bensasson January 17 (Bloomberg) — Greece’s Finance Ministry is planning to restructure debts of ...Read More

Irish Central Bank printing money?

>    >   (email exchange) >    >   On Sun, Jan 16, 2011 at 12:34 PM, qrote: >    >   Had you heard about this? >    Central Bank steps up its cash support to Irish banks financed by institution printing own money Yes and no: “A spokesman for the ECB said the Irish Central Bank is itself creating ...Read More