Harvard Professor Frankel Proposes "ECB Should Buy US Treasuries" to Fix Eurozone Problems
Read the original: Harvard Professor Frankel Proposes "ECB Should Buy US Treasuries" to Fix Eurozone Problems
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Read the original: Harvard Professor Frankel Proposes "ECB Should Buy US Treasuries" to Fix Eurozone Problems
Reuters reports How China’s Official Bank Card is Used to Smuggle Money .
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Followup post by el Economista The Ministry of Economy approved the bankruptcy reform legislation to save viable businesses including a provision that transforms debt into equity . If creditors representing at least 60% of the financial liability agree, forced conversion of loans into equity may last up to five years. If creditors representing at least 75% of the financial liability agree, forced conversion of loans into equity may last ten years