Coeure: ECB Won’t Be Preferred Creditor In Debt Restructurings

The European Central Bank will not demand to be treated differently from normal creditors in the case of debt restructuring, according to ECB Executive Council member Benoit Coeure, who ruled out future debt overhauls after that for Greece. “The idea is that the ECB will not demand a privileged s…

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Coeure: ECB Won’t Be Preferred Creditor In Debt Restructurings

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