A Greek haircut

Summary

On Monday October 24 Stern Business School Professor Nicholas Economides discusses with Alexis Papachelas live from New York the implications a major restructuring of Greek debt. Prof. Economides explains why in his view "Greece should have been the first to ask for a large-scale write-down on the Greek debt" as well as why the Greek banks are opposing a 60% haircut solution.  

On Monday October 24 Stern Business School Professor Nicholas Economides discusses with Alexis Papachelas live from New York the implications a major restructuring of Greek debt. Prof. Economides explains why in his view "Greece should have been the first to ask for a large-scale write-down on the Greek debt" as well as why the Greek banks are opposing a 60% haircut solution.