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    Reuters Top News‏Verified account @Reuters 28 Jul 2012

    Spain discusses state bailout; European Central Bank may write off Greek debthttp://reut.rs/OthJbD 

    8:19 AM - 28 Jul 2012
    • 70 Retweets
    • 10 Likes
    • Daniela Avramioti tradehaven yuri gr Nishant andreigorbis Rung Keith Temperton Daniela Estrella Anastasia P
    5 replies 70 retweets 10 likes
      1. Naveen‏ @singhnaveen 28 Jul 2012
        Replying to @Reuters

        @Reuters Unless government revenue generation is not more than expenditure bail out will not work. Taxpayers money need careful investment.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Thus spoke me, DP‏ @darenpa72 28 Jul 2012
        Replying to @Reuters

        @Reuters Still have seen nobody in MSM contemplate #grdefault + #GRSTAY

        1 reply 0 retweets 0 likes
      3. Thus spoke me, DP‏ @darenpa72 28 Jul 2012
        Replying to @darenpa72

        @darenpa72 w/out debt burden, states wld find much easier 2 avoid budget deficit. No deficit, no borrow. Rating irrelevant.

        1 reply 0 retweets 0 likes
      4. Thus spoke me, DP‏ @darenpa72 28 Jul 2012
        Replying to @darenpa72

        @darenpa72 Even with a small deficit, they can still hold hands with the ESM - so again, rating essentially irrelevant.

        2 replies 0 retweets 0 likes
      5. Cuℜℜ€ℵçy‏ @RassFaber 28 Jul 2012
        Replying to @darenpa72

        @darenpa72 They can pump up the ESM all they want. The board members work in "secret" - more debtload for the euro zone.

        1 reply 0 retweets 0 likes
      6. Thus spoke me, DP‏ @darenpa72 28 Jul 2012
        Replying to @RassFaber

        @RasmusFaber1 ESM has limited cash to invest, but welcome to ESMbank - can leverage, can repo quality assets with ECB directly.

        1 reply 0 retweets 0 likes
      7. Aquilus‏ @_Aquilus 28 Jul 2012
        Replying to @darenpa72

        @darenpa72 Just curious re: allowing ESM bank capacity. Does it sound like the ECB to let govts off the hook this way? #MoreMonetization

        0 replies 0 retweets 0 likes
      8. End of conversation
      1. Al Melvin‏ @alsferb 28 Jul 2012
        Replying to @Reuters

        @Reuters Ya DRAGHI going to print money now. They just don't get it. Debt, Debt and more Debt. What an uncontrolled mess of finances

        0 replies 0 retweets 0 likes
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      1. gregg ibe‏ @GreggIbe 28 Jul 2012
        Replying to @Reuters

        @Reuters write off debt?! how come they get to be so lucky?

        0 replies 0 retweets 0 likes
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