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Sunday, October 06, 2013

Stability Fund Chief Expects Third Greek Bailout

http://m.spiegel.de/international/europe/a-926121.html#spRedirectedFrom=www&referrrer=http://dollarcollapse.com/


Greece might need a third aid package as soon as next year, Klaus Regling told a German paper Friday. But the head of the ESM permanent bailout fund is much more optimistic about the situation in Portugal and elsewhere in the euro zone.
Greece may need a third aid package as soon as next year, Klaus Regling, the head of the European Stability Mechanism (ESM) permanent bailout fund is quoted as saying in the Friday edition of the German business dailyHandelsblatt. He also said that it was conceivable that Greece might not be in a condition to raise money by selling sovereign debt on the open market in 2014.

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