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Slovenia to pay banks for bad loans with short-term bonds – Chicago Tribune

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Slovenia to pay banks for bad loans with short-term bonds
Chicago Tribune
LJUBLJANA (Reuters) - Slovenia's bailed-out banks will be paid for 4.5 billion euros ($6.18 billion) of bad loans with two and three year bonds that will allow them to access cash and fund new business, the head of the country's bad bank said on Monday.
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