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ECB's Lagarde says large-scale debt cancellation 'unthinkable'

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European Central Bank (ECB) president Christine Lagarde dismissed on Thursday the possibility of a generalised cancellation of debts contracted during the coronavirus crisis.

[PARIS] European Central Bank (ECB) president Christine Lagarde dismissed on Thursday the possibility of a generalised cancellation of debts contracted during the coronavirus crisis.

"That seems totally unthinkable to me. It's not the right time to ask the cancellation question, right now...

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