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Friday, February 9, 2018

Greece turns corner after EU-enforced austerity with first bond since 2010 meltdown

Most government bonds are backed by the government meaning that default is unlikely and, for most countries, they are considered risk-free. Greece was banned from issuing bonds as the debt crisis that began in 2010, escalated. A GREEK government official told Reuters: “It's a very good result. It proves ...


READ THE ORIGINAL POST AT www.express.co.uk