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16 Jul 2015
Greek debt haircut poses legal problems - ECB's Nowotny
FXStreet (Córdoba) - ECB's Nowotny said there is still scope to restructure Greek debt, however a debt haircut poses legal problem, via Bloomberg.
He also said that the emergency liquidity assistance (ELA) cap raise allows for more flexible capital controls in Greece.
He also said that the emergency liquidity assistance (ELA) cap raise allows for more flexible capital controls in Greece.