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WHAT YOU ALWAYS WANTED TO KNOW ABOUT TARGET2 LOANS BUT WERE AFRAID TO ASK
Submitted by christian on Sun, 08/02/2015 - 12:23
Greece owes Germany, the ECB, and the IMF a lot of money. But there is another level of debt almost no one is talking about. This not-much-talked-about debt are the TARGET2 loans Greece (and other euro zone importers) owes the rest of them.