Greece
Global economic growth concerns outweigh Greek default and Spain/Italy bail-out fears: Risk poll
Risk.net poll supports IIF deputy managing director Hung Tran's view that global economic recession stands head and shoulders above fears of Greek default and Italy/Spain bail-out
Hung Tran: 21% NPV reduction was a "reasonable assumption"
Everyone has a shared interest in the success of the Greek bailout because "the alternative is so much worse for everyone", says IIF deputy managing director
Barroso calls on eurozone to speed up completion of EFSF legislation
EC president calls for urgent action on bailout mechanism, but analyst says it could be months before the EFSF is legally allowed to purchase government bonds on the secondary market
EBA stress test results shed light on sovereign derivatives exposures
European bank sovereign derivatives exposures revealed
Europe in a ratings wonderland
Europe in wonderland
Sovereign volatility puts Basel III CVA charge in spotlight
Basel III feedback loop between CDS spreads and CVA capital requirements worries dealers, following month of huge sovereign spread moves
Robert Mundell: How to save the euro
Nobel laureate Robert Mundell says eurozone can be saved with three-pronged policy solution, ‘for the short run, intermediate run and long run’
Greece’s second bail-out met with relief
Traders and strategists believe latest rescue package is a positive development, but expect further pain ahead as it is implemented
Risk.net poll: Orderly restructuring most likely scenario for Greece
Almost half of poll respondents believe Greece will undergo an orderly restructuring in the short term, perhaps leading to a selective default
Read and Causer bet on Spanish and Italian bonds
Opportunities exist thanks to volatility, the Invesco managers say. However, M&G's Woolnough disagrees and remains bearish
ECB 'sidelined' in sovereign crisis debate, says analyst
Eurogroup lays out plans to provide bail-out fund with greater flexibility to address sovereign risks; analyst says message sends signal European Central Bank is being “sidelined” in discussion
Italian CDS spreads endure wild ride
Morgan Stanley strategist urges decisive policy response
Greece debt volatility provides openings for basis trading
A basis for trading
Falling oil prices and Greek crisis a boon to carbon traders
Carbon allowance trading hits all-time high in June as analysts downgrade predicted average ETS Phase 3 price to €22 per tonne
Portugal CDS spreads widen 22% following downgrade to junk
Downgrade triggers spread widening across the eurozone, including 10% leaps for France and Germany
'Investor uncertainty' dampening new ETF investment in Europe
Events in peripheral Europe and slow growth in other developed markets have left many investors sitting on cash or maintaining current ETF positions
Eurozone authorities are losing credibility – CNB’s Singer
Credibility is key in crisis resolution and European authorities are failing to achieve, warns Miroslav Singer, the governor of the Czech National bank
Investors should avoid a flight from risky assets, says Barclays Capital
Investors should avoid dumping risky assets despite concerns over slow growth and eurozone debt, according to a BarCap report, as opportunities may arise in equities and credit later this year
Restructurings may offer a solution to eurozone debt woes, says John Redwood
MP and chairman of the investment committee at Evercore Pan-Asset says bondholders must reconcile themselves to taking losses in any restructuring plan for Greece and other troubled peripherals
Selling volatility and correlation remains popular, but is it safe?
Making way for the money-spinner
Credit risk
Special report
Risk institutional investor rankings 2011
A guiding light
Greek crisis poses problems for CDS market
The pros and cons of restructuring
Worry about Greek CDS misguided, dealers suggest
Dealers believe fears about Greek sovereign CDS trigger event are overplayed