Friday, December 10, 2010

suspension of debt payments

And add that if suspension of debt payments, "it would then collapse to a potential and likely the banking system, and the loss by Greek families of their properties, it would be a tragedy," he added . Anyway, this is good news for euro zone countries and European banks, especially French, which are those on the Old contains most exposed to their Greek counterparts in height 75.172 billion dollars (57.41 billion euros). Greek debt restructuring would mean for example that the Hellenic Banks transferred their debts later. "(In this case), banks could again face a liquidity crisis. They could no longer fund the financial markets. New tensions are therefore likely to appear on bank stocks, said the Figaro.fr Philippe Dessertspoon, director of the Institute of High Finance.

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