An analysis
Natixis is considering the possibility of a complete Greek debt cancellation and characterizes it as the worst-case scenario.
Natixis wonders if this could cause a generalized crisis in the Eurozone, corresponding to the one in the winter of 2011-2012, and explains why it does not consider it a viable possibility.
According to the worst-case scenario, a new Greek government cancels the entire debt not in the hands of Greek nationals, estimated at 255 billion euro.
Mediterranean Cooking
Big traffic jam on the Athens - Corinth at the height of Haidari Read more →
China: At least 24 dead in highway section collapse – Watch video
Around 20 vehicles crashed into the huge crater that opened at the edge of the highway - 30 injured have been taken to hospitals Read more →
How did the shipwreck happen that cost the lives of 98 people - Overcrowding, rain, rescue efforts, and the headlines of that time Read more →
