EUROPE - RBS expects Greece will experience a hard default this December in a move it says will cause "violent contagion" in global markets.
In a note to clients, RBS European rates strategist Harvinder Sian said Greece will default on or around the IMF's 11 December review of its fiscal reforms. The note pointed to the inability to ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date