Leaders in the Eurozone are preparing behind the scenes for a Grexit as it moves to assist other troubled nations in the region to avoid contagion. Non public meetings have taken place at various levels, including at the G7 and IMF, were an acknowledgement Greece is likely to exit has been made, according to a source familiar with the deliberations. Ushering Greece out of the Eurozone will come as an accommodative a bankruptcy process with debt relief is being developed for the nations that remain in the Eurozone, the source, who has negotiated previous sovereign debt defaults, said. LeCompte: Realization…
EU Planning For Grexit, Has Debt Relief Plan For Remaining Nations
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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