Showing posts with label Greek government bonds. Show all posts
Showing posts with label Greek government bonds. Show all posts

Wednesday, March 21, 2012

Greece default insurance pays out $2.5 billion

NEW YORK (CNNMoney) -- Investors holding insurance contracts on Greek government bonds will receive more than $2.5 billion in compensation after the country pulled off a complex debt restructuring.

Saturday, March 03, 2012

Moody's downgrades Greece's sovereign debt rating after debt swap

NEW YORK: Moody's Investors Service on Friday cut Greece's sovereign debt rating to the lowest possible level after a debt-restructuring deal that imposes hefty economic losses for private creditors.