As Greek Crisis Looms, Sovereign Debt Restructuring Takes Center Stage

As countries such as Argentina, Greece, and Ukraine struggle to pay down their debt, it is “clear that sovereign debt issues are important today, but they’ll be even more important tomorrow,” says the Atlantic Council’s Andrea Montanino. “The question on the minds of many is whether we will see another Greek default and what [will be its] potential consequences on the stability of the international financial markets, the euro, and Europe,” said Montanino, Director of the Atlantic Council’s Global Business and Economics Program. …read more

Source: Atlantic Council

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