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Markets

Greek bonds are a bet on euro zone support

Published July 18, 2017 Updated July 18, 2017 07:22pm

LONDON: Athens wants to issue bonds just after receiving another bailout tranche. If Greece had to finance itself at market rates it would struggle to stay solvent.

But debt relief from European governments and ECB bond-buying will reduce the risk. Investors may find the wager appealing.

Copyright Reuters, 2017
 

 

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