Greek debt still the most risky: CMA survey


Greek sovereign debt has remained the world's most risky for the second quarter in succession, with a 58% chance of a debt restructuring occurring within five years implied by credit default swaps (CDS), CMA, a source of credit market data, on Thursday said.

In its quarterly report on sovereign debt risk, there was no change in the six riskiest sovereign debts, these being, in order: Greece, Venezuela, Ireland, Portugal, Argentina and Ukraine. Unrest in the Middle East caused a shift in the rema

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