• Fitch took a look at the Greek debt buyback, says is positive but risks remain

Market news

27 November 2012

Fitch took a look at the Greek debt buyback, says is positive but risks remain

 

 

The agreement can help put Greece's sovereign debt on a sustainable path

Has yet to provide answers to key questions, the risk associated with the sale, a high

Forecasts suggest that the pact will help restore annual economic growth to 3% -3.5% by the end of the decade

Projections suggest that Greece will maintain a primary surplus of 4.5% of GDP in 2016

The agreement confirms that the Eurogroup still thinking to solve the Greek crisis, which will allow the country to remain in the eurozone

Questions remain regarding the implementation of the recapitalization of banks

Questions remain as to whether there will be enough to pour capital in order to ensure the viability of banks in the long term

It is not clear whether an agreement to increase the confidence of consumers and investors enough to halt the decline of the economy


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