“Our spreads remain where they are because of the broader turbulence of the European markets, "...

|By:, SA News Editor

“Our spreads remain where they are because of the broader turbulence of the European markets, " says Finance Minister Papanconstantinou, arguing that surging Greek bond yields do not foretell a default. He expects an imminent decision to “once and for all settle the issue of the sustainability of debt in the euro zone."