Google+ Badge

Tuesday, January 14, 2014

Analysis - Greece hopeful, but any debt relief likely to be symbolic | Reuters

Analysis - Greece hopeful, but any debt relief likely to be symbolic | Reuters


"...debt servicing ...is what matters," said Gilles Moec, economist at Deutsche Bank.
"What is relevant is how much we think a sovereign diverts from his current spending to pay interest and redemptions. From that point of view, a lengthening of maturities has a massive impact,"

No comments:

Post a Comment