Taking a risk, investors snap up once-shunned Greek debt

Taking a risk, investors snap up once-shunned Greek debt

Press quote (The New York Times)
Simon Tilford
10 April 2014

"Investors don’t look to the long-term health of economies," said Simon Tilford, the deputy director of the Centre for European Reform in London. They are looking at whether they can extract gains "without losing their shirts. At the moment, they figure they can, but that doesn’t tell us much about the sustainability of the eurozone or whether governments have taken it on a path to sounder footing."