Cyprus Mail
Business

Private sector unlikely to recap Greek banks in 2015, bondholder bail-in likely, Moody’s says

By Stelios Orphanides

Moody’s Investors Service said that the time remaining for the private sector to participate in the recapitalisation of Greece’s banks is limited before the end of the year and as a result, the use of public funds and a bail-in of bond-holders becomes more likely.


Related posts

‘Licensing of block for exploration affecting third party against international law’

In central Poland, robots replace people as minimum wage rises

Reuters News Service

UK watchdog tells markets: be ready in case of no-deal Brexit

Reuters News Service

Trade deficit increases in first ten months of 2019

Jonathan Shkurko

Accountants urged to exercise caution over citizenship applications

Annette Chrysostomou

Spanish olive growers claim first victory against U.S. duties

Reuters News Service