Though Greek stocks soared today following the merger of Eurobank and Alpha Bank, CDS spreads on...

|By:, SA News Editor

Though Greek stocks soared today following the merger of Eurobank and Alpha Bank, CDS spreads on Greek sovereign debt rose to 2350, as a shrinking GDP helps keep repayment fears high. Greek CDS spreads last topped 2300 in mid-July, before a second EU bailout had been agreed upon.