Helmut Schmidt and Giscard d’Estaing: What Needs to be Done After the Brussels EU Summit
Helmut Schmidt and Giscard d’Estaing: What Needs to be Done After the Brussels EU Summit
By Michael Liebig
The 50% “haircut” of Greece’s debt was inevitable. Most private creditors had already written off their Greek state bonds by that percentage – or more. The € 440 billion “European Financial Stability Facilty” (EFSF) has gotten the