The Traderszone Network

Published in TZ Latest News 21 June, 2015 by The TZ Newswire Staff

Goldman And SocGen Unleash The "C"-Word: ECB Alone Can’t Contain Grexit Risks

Unnamed “officials” have proclaimed a new set of Greek proposals received by Brussels tonight as “a good base,” according to AFP, and thusly the Euro is very modestly bid. However, both Socgen (without a 3rd bailout of €60-80 billion over the next 3 years, Greek uncertainty remains high and leaves Grexit risk merely semi-stable) and Goldman (a deal will come only after the introduction of capital controls, a technical default on the IMF and issuance of IOUs/and a further build-up of arreas…

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