TITLE

'Shock and awe Part 2 and in 3-D'

AUTHOR(S)
Steyn, Greta
PUB. DATE
May 2010
SOURCE
Finweek;5/20/2010, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the 750 billion euros worth of bailout package for Greece in 2010. It cites measures in the bailout package such as 440 billion euros in loans or guarantees from Eurozone countries and 60 billion euros from EU's budget. It reports that an important feature of the package is the intervention of European Central Bank (ECB) in government bond markets.
ACCESSION #
51909190

Tags: BAILOUTS (Finance);  GREECE -- Economic conditions -- 1974-;  FINANCIAL crises;  EUROPEAN Central Bank

 

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