Calamos Supports Greece
GreekReporter.comGreek NewsEconomyGreece is not going to bankrupt !

Greece is not going to bankrupt !

Scenarios of bankruptcy are haunting Greece for at least three months now. Two of the most important companies around the Globe have come to contradict that fact.
Firstly, the DWS Investment company ( one of the biggest companies of capitals’ management in Germany) bets that Greece is not going to bankrupt and that the austerity measures that have been taken recently, will be successful. The company has still the Greek State Bonds and as Johannes Mueller, the company’s economist states: “Greece will suffer from a serious crisis , but as we observe, the monthly elements of the state’s budget are quite good. If Greece continues like that for another two years, the country will be able to find her feet again ! ” The German company did not sale the bonds as it is obvious that they believe that the situation will be ameliorated.
Furthermore, the Fitch Ratings company mentions that Greece shows great abidance by the conditions layed down by the I.M.F ( International Monetary Fund ) and the public deficit is reduced. Fitch also notes that the economy by general estimation is exactly as expected in the beggining. It is then clear, that the country is really close to weather through the deep crisis!

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!



Related Posts