Pri­vate sec­tor in­volve­ment risks credit down­grades

Kathimerini English - - Business & Finance -

In­volv­ing pri­vate sec­tor in­vestors in mea­sures to al­le­vi­ate Greece’s debt crunch risks trig­ger­ing credit down­grades and higher bond yields for the nation and its peers, ac­cord­ing to So­ci­ete Gen­erale SA. “We fear that rat­ing agen­cies would take note of the pri­vate par­tic­i­pa­tion, which they will in­ter­pret as a re­duced sup­port from Euro­pean Eco­nomic and Mon­e­tary Union part­ners,” Vin­cent Chaigneau, head of rate strat­egy in Lon-

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