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BNP PARIBAS: WILL NOT MOVE IN RESTRUCTURING IN GREECE!

Inside Politics February 2011 Politics
Image by Third Way

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With a new loan from the European Union and the IMF or the provisional European Economic Stability Instrument will solve the Greek
financial trouble in 2012 and the (inevitable) restructuring of debt “haircut” of creditors will be left for later in 2013, analysts say the French bank BNP-Paribas, an analysis is clearly more “cool” than those of Anglo-Saxon banks.

The main conclusions of the memorandum distributed to customers on April 21 the French bank, which noted, is high enough exposure to Greek debt as follows:

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