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View Full Version : Greeks May Hold $510 Billion Trump Card in Renegotiation - Bloomberg



NewsWhore
05-10-2012, 02:01 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGpo7ApU152MGpSkBjhC26SwXsq5g&url=http://www.bloomberg.com/news/2012-05-09/greeks-may-hold-510-billion-trump-card-in-renegotiation.html)


Greeks May Hold $510 Billion Trump Card in Renegotiation (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGpo7ApU152MGpSkBjhC26SwXsq5g&url=http://www.bloomberg.com/news/2012-05-09/greeks-may-hold-510-billion-trump-card-in-renegotiation.html)
Bloomberg
In addition, the ECB's so-called Target2 system -- which tallies trade imbalances between the 17 national central banks using the single currency -- indicates that the Bank of Greece owes its counterparts 104 billion euros, according to Whittaker.

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