EU 'solution' buys time but solves little
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In this article
- 50% Greek 'haircut'
- Bank recapitalisation
- Leveraged EFSF
- Risk insurance
- Special Purpose Investment Vehicle (SPIV)
- Problem solved?
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.jpg "German Chancellor Angela Merkel and French President Nicolas Sarkozy arrive to hold joint briefing at the EU summit in Brussels.(REUTERS/Thierry Roge)")