Posted by WARREN MOSLER on May 8th, 2012
> (email exchange)
> On Tue, May 8, 2012 at 10:21 AM, John wrote:
> Norway’s oil sovereign wealth fund has sold all its holdings of Irish and Portuguese
> government debt and reduced its ownership of Spanish and Italian bonds as part of a
> continuing protest over its forced participation in Greece’s debt restructuring. The
> fund also reduced its Italian sovereign debt position from about EUR 8bn in the middle
> of 2011 to about EUR 3.5bn at the end of March this year.