Restructuring is Verboten in EURO

It’s not a market surprise that the Euro-finance meeting did not provide a definitive solution to...
It’s not a market surprise that the Euro-finance meeting did not provide
a definitive solution to Greece’s debt issue. However, consensus
appears to be moving closer, albeit slowly, to the idea that some form
of ‘voluntary’ restructuring of Greek debt will be needed. Europe will
now consider


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