The New York Times: Reports that Greece is close to a deal with the bond debt holders. Lets see folks if this happens, the UK Guardian has a similar story a few days ago, those talks stalled, lets see the details, the article notes that the bond holders will take a 70% loss, lets see if the hedge funds invoke their insurance clause, this would mean that Greece has defaulted and cause problems for Greece and the Troika. This story has some road to go folks.
Saturday, January 28, 2012
Greece and its DEBT
The New York Times: Reports that Greece is close to a deal with the bond debt holders. Lets see folks if this happens, the UK Guardian has a similar story a few days ago, those talks stalled, lets see the details, the article notes that the bond holders will take a 70% loss, lets see if the hedge funds invoke their insurance clause, this would mean that Greece has defaulted and cause problems for Greece and the Troika. This story has some road to go folks.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment