Sat, Aug 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Fund Profile/New Launches

EU’s permanent fund won’t allay restructuring fear, Fitch says

Posted on 31 March 2011

The permanent European rescue fund won’t allay investors’ concerns about peripheral nations’ debt restructuring and may not prevent sovereign downgrades in the short term, Fitch Ratings said.

“For so long as the ‘solvency’ of peripheral” countries is “in doubt, the introduction of the ESM from July 2013 as a senior creditor, combined with the political commitment to ensure private sector ‘burden-sharing,’ potentially heightens rather than diminishes market fears of a sovereign debt restructuring, including on currently outstanding debt,” Fitch wrote in a report today in London………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031