The Greek government agreed to cut wages and spending and to increase taxes, in order to avoid the dreaded default.
Some in the market are now pricing in a 90% chance of Greek defaulting on its debt, with the main losers to be European banks.
The Greek government agreed to cut wages and spending and to increase taxes, in order to avoid the dreaded default.
Some in the market are now pricing in a 90% chance of Greek defaulting on its debt, with the main losers to be European banks.