Finance Ministry To Keep Banks’ Money Only If They Agree To Longer Maturities

07.05.2011 By Chiru Liviu Mihai

The Finance Ministry paradoxically has the upper hand over bankers because at the end of July it is in banks’ best interest not to be stuck with the EUR2.4 billion that the state has to repay them and find a way to roll over the debts instead.

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Keywords:: FINANCE MINISTRY; , BANKS; , LOANS; , BONDS

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