Thursday, November 28, 2013

Brendan Keenan: OMG, OMT will require monitoring of fiscal fitness

Irish IndependentBrendan Keenan: OMG, OMT will require monitoring of fiscal fitnessIrish IndependentIf the troika deemed the country fit for the markets, and provided the country retained that fitness, the ECB would endorse that judgment by backing its bonds. Ongoing fiscal fitness would be required of course, so there would be conditions and monitoring.

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