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The banking industry has described its agreement with Greece to cut its debts as "unprecedented".
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A group of banks and other investors in Greek government debt have agreed to exchange their debt for new bonds that are worth much less and pay a modest rate of interest.
 
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Including the reduced interest rate, the losses to the banking industry are more than 70%.
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For some of Europe's biggest banks, that means heavy losses.
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"The losses are going to be substantial, but they are contained and there's a longer-term benefit for the system in having a core group of investors sit down across the table and coming together," said Charles Dallara, managing director of the Institute for International Finance, which negotiated on behalf of the banking industry.
 
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Continue reading the main story
 
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    In the long and tawdry history of governments borrowing more than they can afford, this represents a remarkably huge, unprecedented write-off�
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image of Robert Peston Robert Peston Business editor, BBC News
 
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It is perhaps no great surprise that Greek banks are the most exposed to Greek debt.
 
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According to Barclays Capital, the top two holders of Greek debt are National Bank of Greece, with 13.2bn euros ($17.5bn), and Eurobank EFG, which holds 7.3bn euros ($9.7bn).
 
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Once the bond exchange is completed, those holdings will be worth less than half their current value, and if you include future interest payments, worth 70% less.
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De: Alex Viada no Facebook <notification+kr4ms2xkxkyr@facebookmail.com>
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Enviado: domingo, 19 de junho de 2016 14:24
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Para: Lucas Lauer
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Assunto: Alex Viada adicionou um novo vídeo
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Alex Viada
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Alex Viada adicionou um novo vídeo
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Você está recebendo este e-mail porque ativou notificações para Alex Viada. Acesse o perfil de Alex Viada para desativá-las.
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Outside Greece, French and German banks hold the most Greek debt.
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The last bailout?
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Many foreign banks have already accepted that their investments in Greece are now worth just a fraction of their original value, irrespective of the latest deal.
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In its most recent set of results, France's BNP Paribas, the biggest owner of Greek debt outside Greece, said that it had written down the value of its Greek debt by 75% on its balance sheet.
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And according to the Barclays report, Commerzbank is the biggest holder of Greek debt among Germany's banks. Its holdings of government debt have complicated its efforts to raise new finance to boost its balance sheet.
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For the average investors, the effect of Tuesday's bailout is limited. Most insurance companies and investment firms have little or no exposure to Greece.
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Some hedge funds have built up their holdings in Greek debt, but it is likely to be a relatively small amount, perhaps less than five billion euros.
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It is thought some will refuse to sign up to the bailout deal and hope to be repaid in full.
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Analysts are now wondering whether the latest deal will be enough. The Greek economy is in recession, making it even more difficult for the nation to pay its debts.
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"The debt sustainability analysis is much worse than people were expecting," said Laurent Fransolet, head of fixed-income strategy research at Barclays Capital.
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"It's ambitious and we cannot be sure this is the last bailout. Does it buy a bit more time? Yes. But the next one will have to involve the official sector much more."
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== 3. Convert interest to sales. ==
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<p>Converting Interest to sales</p>
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<p>This is done through excellent marketing copy that takes into account branding, is written in the style and voice of your business, targets your market audience, uses appropriate keywords,abercrombie france, and uses optimised textual layout,abercrombie.</p>
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<p>Good copywriting attracts the search engines</p>
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<p>1,. Attract search engines to your site<br>
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2. Encourage your target market to your web site<br>
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3. Convert interest to sales,doudoune moncler pas cher.</p>
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<p>Our minds work in exactly the same way when reading web content,doudoune moncler. As soon as we see a web site we make judgments about its trustworthiness, its credibility and its standing within its industry.</p>
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<p>And the only way the search engines know if your site is relevant to the search words in the text box is by the text on the page. Google only reads text,air jordan pas cher. You may have flashy videos, lots of beautiful piccies and it may be at the cutting edge of web site technology. But if you do not have good optimized text ( or used the services of a clever Internet copywriter)– Google is likely to pass you by. No-one can see you,abercrombie france.</p>
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<p>This is one of the reasons why web site content is so important. Sadly it is the one area that people tend to give least thought to. Once the site has been designed and put up then comes the often tiresome problem of filling up the empty spaces with words which often get rushed and entered more as an after thought.<br>
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The fact is those empty spaces are probably the most essential places for marketing on your whole web site. Your web site has two audiences,moncler. The human visitor who either finds you by being referred or by putting your web address into the address bar,michael kors outlet, and the search engines.</p>
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<p>One of the most essential elements which will determine whether someone will buy into your services online is the copy writing, text or web content. More importantly the text must nurture trust in bucketfuls for your services and products,abercrombie. When you walk into a shop, subconsciously you are weighing up whether you can trust the seller or not,abercrombie. You do this by assessing the shop environment, how honest the salesman seems, and how knowledgeable he seems about his industry and the product,abercrombie paris.</p>
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<p>Optimized web content will:</p>
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相关的主题文章:
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  <li>The UK-based trader may start work at 5am</li>
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MLM Software has its own irreplaceable place in the building up and growth of the company. It proves the reliability of the company.
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== 最も基本となる無雪期の登山道を登る登山の基礎を書いた物 ==
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「管理会社に何かの資料を求めても2週間ほどかかる。資料をテーマ別に保管し、翌日にはメールで手元に届くと思っていたが、時間がかかると印象が悪くなる,。こんな時他の管理会社ならどうしてくれるのかと、つい思ってしまう」,アグ。<br><br>いっそ、死んでしまいたい」という自己嫌悪が襲ってくるのですその後、激しい怒りと憎しみが沸きあがる。「自分をだました麻原が許せない」と。そうした苦しみを乗り越えて、やっと「麻原は哀れな人物だ」と気付いていく,アグ  激安。<br><br>「PHOTOfunSTUDIO」でできるのは、1本1本のムービーを最適な長さに調整するところまでです。最終的にカットを順番に並べ、タイトルやBGMを入れ、1本のムービーにまとめる作業は、市販のビデオ編集ソフトを使用しますいずれのビデオ編集ソフトも、取り込まれたカットを操作画面上でつなげたい順番に並べてゆき、最後に出力処理をすれば、1本のムービーとして加工されます。保存形式は一部のソフトウェアではAVCHD出力も可能ですが、多くのビデオ編集ソフトではMPEG-2、MPEG-4で出力されます写真はビデオ編集ソフト「Adobe Premiere Elements 8」の操作画面。<br><br>最も基本となる無雪期の登山道を登る登山の基礎を書いた物。8月1日にめでたく9刷目が発売されました,モンクレール 激安。圧倒的な支持を受けた登山基礎の技術書,モンクレール アウトレット。<br><br>e-book(情電子書籍)は高額な上に内容を見ることができません。一般的には購入するのにかなりの精神的な壁があります。「このお金は捨ててもいい!」と腹をくくらないと買えないかもしれませんね,モンクレール ダウン。<br><br>万松寺ビル駐車場7階の一角にひっそりと佇む、“隠れ家”と呼ぶに相応しいバー,ugg ブーツ。間接照明も抑えられた店内は、ムードあるカップルシートやスタッフとの会話を楽しめるカウンター、シャンデリアが照らし出すボックス個室に気の置けない仲間たちと楽しめるパーティ個室など様々なシーンに活用できる,。100種類以上あるドリンクは、「ソルティードッグ」(¥1000)や「桃のシャンパン」(¥1300)など甘過ぎずチープにならないクラッシックなスタイルのカクテルがメインで、ノンアルコールカクテルも人気が高い。関連記事:
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  <li>「iOS6」の配布を開始したのは、先月19日のこと</li>
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== 評価期間中は、グラフ表示時にメッセージが現れます ==
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大口収納タイプのバッグです 贈り物にもピッタリです,! 希望小売価格 9,450円〔税込み〕 備考 実店舗にて、同時販売につきごくまれに在庫切れになる時がございますルコック lecoq ラウンドグッズ ボストンバッグ メンズ カジュアルにゴルフに対応できるデザイン! 人気のブランドです デサントの品でご満足いただける品質 2012モデル 商品詳細 ブランド名 le coq sportif (ルコック) 商品名 ボストンバッグ〔シューズインポケット〕【メンズ】 素材 ポリエステル サイズ:44×31×25cm 外側ファスナーポケット×3シューズインポケット×1 内側ファスナーポケット×1 人気の二層式シューズインポケット,アグ。大口収納タイプのバッグです 贈り物にもピッタリです! 希望小売価格 9,450円〔税込み〕 備考 実店舗にて、同時販売につきごくまれに在庫切れになる時がございます,ugg ブーツ 激安。 【店舗紹介】 新品ゴルフクラブ・ゴルフ用品を激安でご提供するネット通販専門店のウィズゴルフです。<br><br>90日間 評価期間として使用可能です。評価期間中は、グラフ表示時にメッセージが現れます,アグ ブーツ 激安。評価期間を経過すると、グラフ表示ができなくなります。<br><br>通常使用では問題ございませんが、底面滑り止めを意図的に強く掴んだりしないで下さい,アグ ブーツ。(滑り止めが剥れてしまう恐れもございます。)開発者1個1個手作りの為、多少の接着剤のはみ出しなどのムラはご容赦下さい,アグ  激安。<br><br>(4)研究発表および症例報告(5)論文・著書(6)教育指導経験などを日本音楽療法学会に書類申請して審査を受ける,モンクレール ダウン。01年度からは面接試験も導入され、書類では見極めきれない資質についても判断されるようになりましたまた、これとは別に音楽療法士養成コースを持つ認定校の卒業生を対象にした認定音楽療法士(補)認定試験が01年度より開始されました。この試験の合格者は、音楽療法活動の臨床経験が3年を超えた時点で学会に申請することで、審査を経て正式に音楽療法士として認定されます。関連記事:
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  <li>測定場所は各駅のホームで、比較的見通しの良い場所を選んだ結果は以下のとおり</li>
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  <li>を満たすような柔軟性を持たせながら</li>
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  <li>となりました</li>
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Current revision as of 17:40, 19 June 2016

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Re: Alex Viada adicionou um novo vídeo


De: Alex Viada no Facebook <notification+kr4ms2xkxkyr@facebookmail.com> Enviado: domingo, 19 de junho de 2016 14:24 Para: Lucas Lauer Assunto: Alex Viada adicionou um novo vídeo

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Alex Viada Alex Viada adicionou um novo vídeo Curtir · Comentar · Compartilhar Você está recebendo este e-mail porque ativou notificações para Alex Viada. Acesse o perfil de Alex Viada para desativá-las. Ver publicação Essa mensagem foi enviada para lucas_lauer@hotmail.com. Se você não deseja receber esses emails do Facebook no futuro, cancele o recebimento. Facebook, Inc., Attention: Community Support, Menlo Park, CA 94025

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