Wednesday, May 23, 2012

 
 
 

 
 
 
 
 
Greek default risk explodes to all-time high
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Thursday, January 14, 2010
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From Zero Hedge:

Greek CDS hits another all time record at 342.50 bps. Greece is now trading nearly 5 times as risky as the entire universe of investment grade US corporates.

In other news, Greek Prime Minister Papanderou repeats for the third time (and fourth, and fifth) that the country will not, repeat not, repeat not, repeat not, repeat not, need a bail out from the EU, and will not (etc) drop the euro or leave the eurozone. If only anyone believed...

Read full article...

More on Greece and the euro:

The euro is doomed

CRISIS: Greece is in liquidation right now

Euro unraveling: Greece and Ireland could exit the union soon

Topics: Euro | Cruxallaneous
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