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gopkarthik | 1 year ago

What's ironic is that the escrow account is now lesser because they used that money to buy eurozone government bonds which have since fallen.

From https://www.ft.com/content/d6b7d0fd-a41b-45a9-a830-9cacb10c5...

> The total in the account has fallen from the original €14.3bn set aside in 2018, as the money was invested in eurozone government bonds, which have dropped in value.

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