BLOOMBERG The Pulse February 3, 2015
I am francine lacqua. The main story of the day. What is oil and one is greenspan the new government a writedown on its debt. One is oil and one is greece. Borrowing for new bonds. Less figure out what is going on. A calming effect. Hans nichols in berlin. What is going on, hans . Here is what we know. He spoke to a group of about 100 financiers and laid out a plan to swap the debt by the ecb a European Financial Stability Fund for these new bonds. These new bonds would be linked to longterm group. There would not be an thing on the eye on the upside on the debt. Crucially and importantly, the...
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