Summit side note: Beginning of the end for CDS?
July 25, 2011
An interesting side note to the second Greek bailout deal is that it may in fact have killed off the credit default swaps (CDS) market, or at least kick-started its demise. The reason for this is simple: the deal undermines confidence in the belief tha…
Posted by Open Europe blog team
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credit rating, default, emu, eu, eurozone. bail-out, Greece, ISDA, sovereign debt |
