Written by: James Campbell and Sam Pearse And so Greece paid the bond repayments due on Tuesday. Some claim that making such a payment was a no-brainer on the basis that the otherwise ensuing litigation and cross-defaults on other bonds was unthinkable. Other sources claim that the noise coming from…
Written by: Samuel Pearse and James Campbell In the grand scheme of Greece’s debt problems, the sum of approximately €450m may appear modest but tomorrow (15 May) the next repayment of principal is due on foreign law bonds issued by the Hellenic Republic. In a high stakes version of Morton’s…
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