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Are you catching up all the tools, actions and countermeasures designed to save the eurozone from a break-up? Let’s count them together. Bilateral loans to Greece, IMF loans, SMP, EFSM, EFSF, LTRO, Sixpack, Fiscal Pact, ESM, OMT… It’s difficult to find a politician, not to say an ordinary citizen, who understands all these abbreviations. And still, these letters mean hundreds of billions of euro. Each of these tools represents also a set of rules, which…

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The Euro Bill is project run by Slovak think tank INESS, which tracks all guarantees and expenses related to euro zone rescue efforts. The May update includes several changes, related mainly to the spring default of Greece. Paradoxically, the overall sum of guarantees dropped slightly to EUR 1860 per capita (in Slovakia). This is due to casino online “accounting” changes. The buy cheap cialis online old IMF program, which granted Greece EUR 30 billion together…

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The INESS Institute, independent Slovak think tank, runs a regularly updated the Euro Bill on its specialized website eurokriza.sk. The Bill contains structured records of all Slovak guarantees, borrowings, and share of bond purchases related to the Euro-rescue efforts. After the last update from the late March 2012, the Euro Bill reached EUR 1869 per capita in Slovakia. The level of currently activated funds rose to EUR 495 per capita. Following events and changes were…