ECB Nowotny: Greece Is In Limited Selective Default Situation – Wall Street Journal
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ECB Nowotny: Greece Is In Limited Selective Default Situation
Wall Street Journal LONDON (Dow Jones)–The European Central Bank's decision to stop accepting Greek government bonds as collateral following a rating downgrade was made because Greece is in selective default, ECB governing council member Ewald Nowotny said Tuesday. Debt crisis: live Greece to vote on tough salary, pension cuts Greece plays down S&P selective default downgrade |
