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Greece Debt

What is debt ceiling or strategically default, should we raise it?

Debt ceiling or strategically default is one of the hottest topics these days. PEW Charitable Trusts prepared a great document that explains debt ceiling or strategically default, should we raise it? What is the federal debt? If the federal government does not collect enough revenue to pay for all its spending obligations, it must borrow to make up this ...Full Article

Bad news, Standard & Poors says new Greek bailout plan count as a default, but why?

United States-based financial services company, Standard & Poor’s (S&P), leading credit ratings agency, says new Greek bailout plan, supported by French and German banks would probably count as a ...Full Article

List of countries with highest odds of defaultare seen by investors- Worst Performing Sovereign CDS

It seemed unlikely that such extreme volatility could ever be matched. But the second-quarter of 2011 has come close, with the asset class performing poorly and dragging the rest ...Full Article

How restructure debt is the only hope of solvency for Greece- Ratings Agencies Impacts?

Greece was saved from near collapse after obtaining a vital loan installment, EU agreed to pay Athens a euro $17.39 billion tranche of its existing euro 110 billion rescue ...Full Article