Euro Tensions Soar on Greek XXX Rated Bond Issuance
- Eddie Kanapopoulos
- Sep 15, 2011
- 1 min read
---- ATHENS, GREECE ----
Greek Prime Minister George Papandreou was on the defensive today amidst fallout over his nation's latest triple X rated debt issue. Only Italian Prime Minister Silvio Berlusconi voiced cautious approval.
"You want people to buy these or not?" asked a defiant Papandreou.
"Forty percent interest didn't bring people in the door. But now, even kids are finally interested in fixed income."
Some of the bonds feature the Greek Womens' Water Polo Team.
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