Just when we thought it was safe to go back in the water the Greece debacle has blown up once again.
Greek debt has been on a truly epic journey recently and now ten year yields have moved from circa 7.5% to 8.9%. 2 year debt is now over 10%.
The value of the debt has fallen by almost 20% since the end of March 2010. On a comparable basis, the total debt owed is close to €300bn ...
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Finance,
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Forex,
Greece,
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