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Thursday, September 19, 2013

An Interest Rate Cut Will Do Little to Solve Greek Budget Trouble - SPIEGEL ONLINE

In August, Merkel's government admitted that Greece needs billions of euros in additional aid. Some have called for a cut to interest rates on emergency loans made to Greece. But with the rates already so low, it would be but a drop in the bucket.

An Interest Rate Cut Will Do Little to Solve Greek Budget Trouble - SPIEGEL ONLINE

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