REF FT.com
"The markets seem to have coped relatively well with “the biggest sovereign restructuring ever” last week. But they are already focusing on the next possible victim: Portugal’s bond yields have soared to levels close to those on Greek bonds a few months ago. European authorities have declared that Greece was unique and that there will be no more debt restructuring. Undoubtedly, though, they will be tested in the coming months."
I feel we have not heard the end of the "Greek Crisis", still a lot to play out in the EURO zone !!
No comments:
Post a Comment