Greece's cash crunch could upset wider markets

April 2, 2015 1:02 PM

66 0

LONDON, April 2 (IFR) - Greece's ability to service debt has deteriorated to the point where it could spark volatility in wider markets at various points in 2015, even if the immediate crisis is solved, market participants said.

The southern European country faces EUR2.86bn of debt repayments this month, starting with an IMF bill of EUR460m on April 9, but analysts calculated that meeting all deadlines is unlikely without external aid - which at present remains in question.

Read more

To category page