2009-11-29 15:01 Greece needs credible plan to cure fiscal woes -EFG CEO

calendar November 29, 2009

ATHENS, Nov 29 – Greece needs to convince financial markets and its European Union partners that it has a credible plan to cure its fiscal woes, EFG Eurobank’s CEO said on Sunday, viewing last week’s selloff as overdone. Greek bank shares sold off and 10-year government bond yield spreads over bunds widened to a seven-month high last week on investor worries over Greece’s deteriorating …

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2009-11-29 15:01 Greece needs credible plan to cure fiscal woes -EFG CEO

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