Review : The Troika ensures continuation of the Greek tragedy. Overnight the Troika agreed on a common rescue plan for Greece. The agreement is, however, tied to the condition that Greece must buy its own government bonds and that the EU countries as well as the IMF board accept the agreement. Jyske Bank expects that the agreement will be formally approved on 13 December. That the agreement will include most of the following points: – Greece’s new debt/GDP target will be 124% in 2020. – lower
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BUY eurodollar on setback
