Strikes Expand in Greece; Hedge Funds Bet on Debt Default
Strikes Expand in Greece; Hedge Funds Bet on Debt Default
Taxi drivers walked off the job for 24 hours in the latest protest against the government’s austerity program.
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Stiglitz Says U.S., U.K. Default Is ‘Absurd’ Investor Notion
Stiglitz Says U.S., U.K. Default Is ‘Absurd’ Investor Notion
Nobel laureate Joseph E. Stiglitz said the prospect of a default by the U.S. or the U.K. is an “absurd” notion constructed in financial markets.
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Greek Government Debt Risk Surges to Record, Default Swaps Show
Greek Government Debt Risk Surges to Record, Default Swaps Show
Jan. 28 (Bloomberg) — Credit-default swaps on Greek government debt surged 24 basis points to a record 398, according to CMA DataVision prices.
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Categories: credit meld Tags: debt, Default, Government, Greek, record, Risk, Show, Surges, Swaps