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Any restructuring of Greek debt on which the European Central Bank holds bonds is legally impossible, according to ECB executive board member Jorg Asmussen.
"We can neither extend the emissions of Greek debt bonts nor lower interest rates. Either would constitute an anullment of debt," said Asmussen.
The ECB executive clarified that the EU bank has no legal right to do such a thing in an interview for Bild am Sonntag, Novinite.com reports.
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