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Austria Suggests Greece Make Collateral Deals with Eurozone Countries

According to the Greek newspaper “Eleftherotypia”, the Austrian Minister of Economics proposed that countries of the Eurozone which do not hold a great deal of Greek bonds should receive collateral deals like Finland, but that France and Germany should be excepted from this regulation.
The Minister said it would be unfair to finance the collateral deal promised to Finland apart from Greece. In addition, she claims that she understands that if all the countries asked for collateral deals, Greece would not be able to be financed. That is why she suggests that they combine the participation of individuals in the financial support package for Greece and collateral deals to countries which will offer loans to Greece.

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