Posts Tagged ‘EFSF’

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    Euro Deal Primer

    Oct 28, 11 • 219 Views • Developing Economies, Financial Markets, Innovation, International Trade and Finance, Macroeconomic Measurement, Money and Monetary Policy, Thinking EconomicallyNo Comments

    To understand euro zone bailout plans, just think BBB. Bonds, Banks, Bailout The Bonds: If you own Greek debt, then you would be asked to accept a 50% haircut. That means you will get new Greek bonds worth half the old ones. The catch? It’s voluntary. A