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Risks posed by credit default swaps and derivatives in the event of a default in Greece or other stressed EU countries- 2011-2012
06/22/2011
The total credit default swaps, derivatives and financial instruments for a default in 5 financially stressed EU countries are estimated at $616 billion based on information from Markit, the Bank for International Settlements and data firms. Systemic risks are posed by this and by any surprises that are not visible to regulators at this time. These fears affect Europeans response to the debt problems, as they have no clear idea of what to expect out there.
Grouped Articles
Greece Defaults on IMF Loan Despite New Push for Bailout Aid
Wall Street Journal 07.01.2015
Derivatives Cloud the Possible Fallout From a Greek Default
New York Times 06.22.2011
Regulators Finalize New Derivatives Rules
New York Times 07.08.2011
Watchdog Sees Financial Weak Spots
Wall Street Journal 07.26.2011
Investors Ask if Anything Can Save Greece From Default
New York Times 09.25.2011
Banks Conduct Greek 'Fire Drills'
Wall Street Journal 11.04.2011
Wall Street Journal 11.04.2011
'Bucket' List: G-20 Panel Names Top Global Banks
Wall Street Journal 11.05.2011
Hushed Up: Secret Panel Holds Fate of Greek CDS
Wall Street Journal 03.01.2012
Greek Credit-Default Swaps are Activated
New York Times 03.09.2012
Next Time, Greece May Need New Tactics
New York Times 03.09.2012
Wall Street Journal 03.12.2012
IMF Report Offers Bleak Outlook for Greece
Wall Street Journal 03.16.2012
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