Europe's banks have modest Greek bond holdings, says Barcap

Wednesday, June 22, 2011

Holdings of Greek government debt holdings are relatively concentrated, with just a handful of banks accounting for the biggest share outside the public sector

Comment by: Anonymous. Posted 12 years ago [2011-06-23 20:54:37]

If true, then why is the ECB so adamant about preventing default of the Greek bonded debt? Is it that European banks have large exposure to Greece in forms other than government debt?

CLOs

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