Bond investors continue to shun Greece over volatility fears

empty-beach
Empty paradise: investors are avoiding Greece, Spain and Portugal

Major European bond investors are continuing to steer clear of the Greek government and corporates, despite European Union leaders’ declaration of support for the beleaguered Mediterranean country.

After emergency meetings held on February 9 and February 11, and the EU Finance Ministry summit on February 15–16, European finance minsters, in combination with members of the European Central Bank, pledged “determined and co-ordinated action” to help Greece get its finances under control. No firm

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