Articles About Eurogroup
- Author:
- James I. Clark III
- Posted:
- 07.05.2011
Greece Has Worst Credit in the World – Below Pakistan and Ecuador
European finance ministers are working to resolve a quandary over how to talk banks into “voluntarily” contributing to a second Greece bailout and avoiding a destructive debt default. This attempt to rescue Greece’s finances hinges on how far banks, pension funds and insurers will accept new terms on old debts prior to repayment by Athens. […]