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,...Read more »
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Financial markets are on the edge as investors await a solution to the European debt crisis. This blog examines the banks that hold billions of euros worth of Greek, Italian, and other sovereign debt; the governments that must pay off or refinance that debt; and the implications for the worldwide financial system if they can't.
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