Global economic growth concerns outweigh Greek default and Spain/Italy bail-out fears: Risk poll

hung tran institute of international finance

"It is difficult to see how growth can be sustained" in the face of public sector "deleveraging", says Hung Tran, deputy managing director and counsellor at the Washington DC-based Institute of International Finance. Tran, who was heavily involved in the private sector negotiations for the July 21 Greek financial rescue package, adds: "Given the level of uncertainty, it is prudent for risk managers to use realistic assumptions in their stress tests so as to gauge the ability of their firms t

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