Moody’s: Bilateral agreements on collateral would be credit negative for Greece and other bailout countries
- Pursuit of such agreements would delay next tranche of aid for Greece and precipitate payment default
- Proliferation of collateral agreements would limit availability of funds for future programs
- Expects other EU area members to ultimately eject Finland -Greece deal
- Finnish-Greek accord raises concerns about will, ability of some euro policymakers to take steps needed to safeguard the euro
Most Popular