Modern oil painting Greek Notes Slide on Collatera

admin | January 4, 2012

By Lukanyo Mnyanda and Lucy Meakin
Aug. 19 (Bloomberg) — Greek two-year notes slumped after some of the nation’s euro-region partners said they would seek collateral in exchange for new loans, fueling concern attempts to resolve the currency union’s debt crisis will be derailed.
Two-year Greek yields climbed above 37 percent for the first time [...]