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14 February 2012
An analysis of a loan’s jurisdiction, governing law, currency of payment and place of payment can give clues to the likely currency in which a loan must be repaid in a redenomination
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14 February 2012
Lenders to peripheral eurozone countries are including euro definitions and tightening up the currency wording in their facility agreements to offset the risks of a redenomination
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06 February 2012
Spain’s new rules demanding banks hold an extra €50 billion of funds to cover troubled real estate assets and encouraging mergers is helpful but by itself won’t get them lending again