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Greek Bond Deal Makes German Banker See Red.

Authors :
Stevens, Laura
Torry, Harriet
Henning, Eyk
Edinger, Alexandra
Source :
Wall Street Journal - Eastern Edition. 2/24/2012, Vol. 259 Issue 44, pC1-C2. 2p.
Publication Year :
2012

Abstract

The article reports that Martin Blessing, Chief Executive Officer (CEO) of the German bank Commerzbank AG, strongly criticized the European Central Bank and European Union countries' public officers for the terms of the proposed bailout of Greece in the European sovereign debt crisis. Blessing said that the participation in the debt relief by banks which hold Greek government bonds was being forced on them by political pressure.

Details

Language :
English
ISSN :
00999660
Volume :
259
Issue :
44
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
71922361