BY KERRI SHANNON, Associate Editor, Money Morning
Many investors continue to favor a Greek bailout to prevent the Eurozone's first sovereign default - but they are rooting for the wrong solution.
Greece has requested another loan from its European neighbors to cover next year's $43 billion (30 billion euros) shortfall as yields on 10-year Greek bonds have climbed over 16%."
Many investors continue to favor a Greek bailout to prevent the Eurozone's first sovereign default - but they are rooting for the wrong solution.
Greece has requested another loan from its European neighbors to cover next year's $43 billion (30 billion euros) shortfall as yields on 10-year Greek bonds have climbed over 16%."
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