A Greek writedown chain reaction?

Just as Jean-Claude Juncker's has admitted Greek debt writedown negotiations are “ultra difficult”, investors are becoming increasingly worried Portugal may follow suit.

Global equity markets have enjoyed the best start to the year since 1994, but their euphoric mood is about to be sorely tested.

The first hurdle is finalising the deal between the Greek government and its private sector creditors, which is meant to wipe about €100 billion off Greece’s mountain of debt.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles