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Thursday, March 27, 2014
Greece Return to Bond Market Indicates The Temporary Ends of European Debt Crisis
ANBOUND

On March 26, Greek Finance Minister Yannis Stournaras said that after absent for four years, the country is now almost well prepared to return to the bond market. ANBOUND think tank scholars believe that Greece return to the bond market implies that the European Debt Crisis has temporarily ended. However, the fundamental problems of European Debt Crisis is still unsolved and needs the Eurozone decision makers to reach mutual agreement on the supervision of banking industry and financial agreements. However, if Greece can use market financing instead of only seeking help from the European Central Bank, European Union and IMF, this means that the strategy amongst the Eurozone decision makers in "saving Euro at all cost" was a success. The market will have a calm period and free from worry that the debt crisis will reoccur in the short run.

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