Roubini: Eurozone restructurings will leave bondholders facing losses
Socialising the liabilities of its most indebted member countries is not a solution to the Eurozone’s debt crisis, according to Nouriel Roubini, professor of economics at New York University and founder of consultancy Roubini Global Economics.
Instead, Eurozone countries facing debt burdens they are unable to meet will need to undergo debt restructurings, forcing bondholders to incur haircuts or equity conversions, noted Roubini, former senior economist for international affairs at the White
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Governments and agencies
Derivatives
An approximate solution for options market-making
An algorithm for the market-making of options on different underlyings is proposed
Receive this by email