(LA Times) Dimitri B. Papadimitriou–The Achilles' heel of the Eurozone
In response to the package, the bond market has not changed its tune. The new 50% “haircut” to private sector investors in Greece hasn’t altered the conviction of traders that the troubles in Athens will inevitably be contagious. Pricing of … Continue reading (LA Times) Dimitri B. Papadimitriou–The Achilles' heel of the Eurozone
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(LA Times) Dimitri B. Papadimitriou–The Achilles' heel of the Eurozone
In response to the package, the bond market has not changed its tune. The new 50% “haircut” to private sector investors in Greece hasn’t altered the conviction of traders that the troubles in Athens will inevitably be contagious. Pricing of … Continue reading (LA Times) Dimitri B. Papadimitriou–The Achilles' heel of the Eurozone