By Emelia Sithole-Matarise and Anirban Nag Greece will default shortly on its debt obligations, a senior Standard & Poor’s official told Bloomberg Television on Monday.
“Both economies, the United States’ and China’s, continue to struggle— trapped in antiquated growth models that are not delivering the prosperity that politicians and leaders
The premium investors seek to hold Greek debt has soared today following a day when Standard and Poor’s downgraded Greek’s credit rating to junk status.
