Detailed text transcripts for TV channel - CNN - 20100428:17:26:00
So theres not any major refinancing any time soon. what it really comes down to, is there a credible plan to pay down the debt? its likely -- just as you and me having a mortgagor overdraft, does our bank manager think that we can pay it back and have we proved our ability to do so? and what theyre basically saying in greeces case at the moment is that thats not the case. if there was to be a restructuring and default, the ramifications are so colossal in europe with the youeuro zone t nobody wa...
Source: news source