Cat XL
Shizuka Minamoto
Greece: What Comes Next?
Greece: What Comes Next? - Emerging Markets Daily - Barrons.com
In particolare, sul cross-default:
<<Deutsche Bank’s George Saravelos, Mark Wall, and Marco Stringa have an update on what could happen if no compromise is reached. They note that if Greece does not pay the IMF, that will be a “a cross-default” on its EFSF loans, which then provides European creditors “with the option, but not the obligation” to accelerate EFSF repayments—a move that would then lead to cross-default on post-2012 Greek government bonds and CDS.">>
Ecco qua Stringa. In maniera "stringata"
Greece Talks Were Always Going to Be Ugly: Stringa - Bloomberg Business