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European Banks Balk at Cheap Loans, Worried About Strings Attached – New York Times

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New York Times

European Banks Balk at Cheap Loans, Worried About Strings Attached
New York Times
FRANKFURT — It sounds like an offer too good to refuse: nearly unlimited loans at an annual interest rate of only 0.25 percent. Borrow $1 million for four years, and the interest per year would be barely a rounding error: $2,500. That is effectively ...

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