‘Grexit’ and radical Greek bond restructuring not expected

Extension of maturities and lower interest rates more likely

athens-pa

The newly elected leftist Greek government is unlikely to force a ‘Grexit’ or to achieve a radical restructuring of the country’s debt, according to commentators in the alternative investment industry.

On January 26, Alexis Tsipras, the leader of anti-austerity Syriza party, was sworn in as prime minister after inking an alliance with the Independent Greeks, a right-wing party that also wants to renegotiate Greece’s €240 billion bailout from the troika – the European Central Bank (ECB), European

To continue reading...