German FinMin insists on IOUs as solution to Greece's liquidity problem

Wolfgang Schaeuble has proposed the issue of IOUs in lieu of a bridge loan to Greece, the German finance minister's spokesman Martin Jaeger said on Wednesday. Jaeger denied that these amounted to a 'mini-Grexit,' saying they were a technical tool also used in other cases where liquidity problems existed, as in California.
Keywords
Τυχαία Θέματα