4 Reasons Greece Won’t Default
4 Reasons Greece Won?t Default - Emerging Markets Daily - Barrons.com
In particolare il seguente interessante aspetto sembra essere decisivo per impedire il default della Grecia:
<<But here’s one reason all of the above could be proved wrong: In an admission of contagion risk, the
International Monetary Fund said it “is working with national authorities in southeastern Europe on contingency plans for a Greek default” given “the potential failure to agree on continued aid for Athens,”
The Wall Street Journal reports. The article notes that subsidiaries of
National Bank of Greece (
NBG),
Alpha Bank (
ALBKY),
Piraeus Bank (
BPIRY) and
Eurobank Ergasias (
EGFEY) own roughly 20% of banking assets in Bulgaria, and in the former Yugoslav Republic of Macedonia, and those banks are also active in Romania, Albania and Serbia. People in those countries could panic, and yank their money out based on perceived risks for their Greek bank savings. That is tough to model, according to
Jörg Decressin, deputy director of the IMF’s Europe department, as quoted by WSJ.>>
Ossia il sistema bancario greco è strettamente legato a quello dei paesi citati e quindi un default della Grecia potrebbe avere notevoli effetti negativi nei loro rispettivi sistemi bancari.