We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Real and fake problems

10 November 2011 By Edward Hadas

Lenders don’t want Greek sovereign losses to set a precedent. That’s hypocritical – the spread of yields on euro zone debt showed default was always possible. Regulators have made the problem worse. But the fact is sovereign defaults will always create a mess for banks.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)