Schaeuble: No CAC exceptions

Author: Adam Button | Category: News

Author: Adam Button

  • German fin min Schaeuble says collective action clause will be enforced “without any exception”
  • Greece has fulfilled prior actions requirement
  • Eurogroup frees 30 billion euro sweeteneres
  • Critical that Greece now carries out reforms
  • Growing hope that eurozone rsk under control
  • No chance of another restructuring like Greece
  • Not concerned about dangers to German financials due to credit event
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