Greece Financing Offer: I Am Not Going to Say I Told You So, But…

Roubini, Nouriel.

For over a year, RGE has argued that a solution to the Greek debt insolvency crisis should include an orderly and market-oriented but coercive debt exchange, with a par bond for hold-to-maturity investors (banks, insurance companies, pension funds) and a discount bond for mark-to-market investors (hedge funds, etc.).

Πηγή: EconoMonitor

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