Today in Euro Crisis History: Opera Buffa

January 4, 2001

Greece Euro Entry Good News for Bond Investors: Rates of Return

Bonus quote:

“Greece is the best bond market in the euro zone,” said Andrew Snowball, who helps oversee about $5 billion at Julius Baer Investments Ltd, which started buying Greek bonds in 1998. “You get 64 basis points more return than for German bonds, risk free.”

Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight the roots, twists and turns of the current turmoil.

What do you think about this article? Comment below!