X-Nico

unusual facts about Pari passu


Pari passu

In the European Union, as the result of the Greek government-debt crisis, a retroactive Collective action clause passed by the Greek government with the support of the ECB and IMF, enabled the debtor (who also controlled the courts) to impose a 70% loss of the creditors, more than 75% of whom had voted in favour of the cut.



see also

Ernst Ruska-Centre

The Ernst Ruska-Centre (ER-C) for Microscopy and Spectroscopy with Electrons is a German research establishment conjointly operated by the Jülich Research Centre and RWTH Aachen University on a pari passu basis.