The reason the Greeks didnt use a plan similar to TARP to save their banks was that
Question:
The reason the Greek’s didn’t use a plan similar to TARP to save their banks was that
a. The Greek Central Bank had no funds.
b. The interest rates Greece would have had to pay on the loans would have been unaffordable.
c. Banks weren’t a problem in Greece.
d. There was no political will in Greece to borrow that kind of money.
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b The interest rates Greece would have had to pay on the loans wo...View the full answer
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