Relevant:
- Lenders Discuss Possible Second Debt Relief Measure for Greece
- IMF Demand for Greek Debt Haircut Means Political Headache for Merkel
- What Would a Greek Haircut Mean for Germany?
- Tentative Deal on Greek Debt Crisis Is Reached, but Long Road Remains
- Did The IMF Just Open Pandora's Box? Admits Greek Debt "Unsustainable"
2015-07-22 — zerohedge.com
``Based on our more conservative GDP and inflation baseline (and assuming no Grexit by 2022), and targeting a debt-to-GDP ratio of 120% by 2022, we estimate the size of the required ‘upfront' (i.e. to be introduced in 2016) principal haircut to be €110bn (60% of annual Greek nominal GDP in 2014). ''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.