That should satisfy the German demand for participation of private lenders while meeting the ECB’s requirement that any adjustment be voluntary so that no default is deemed to occur.
That should satisfy the German demand for participation of private lenders while meeting the ECB's requirement that any adjustment be voluntary so that no default is deemed to occur.
The enterprises usually carry out voluntary accounting policy changing by the method of trace-back adjustment in accountant dealing in China, But there are some defects in the method.