Will Greece issue AAA bonds? This is a possibility discussed now. Greek bonds may carry a European Investment Bank guarantee, possibly giving it the perfect rating. With rich countries directly guaranteeing Greek bonds, there is no other way to look at it but as a TransferUnion that Germans are wary of. The current schemes for Greece, Portugal and Ireland is to throw money on them, until they balance, grow, get back on their feet and get back to the bond markets. Now they won’t need to. The bonds are guaranteed under this new idea. This new proposal will allow it to get back to the markets – with guarantees from the rich countries. And what happens if Greece can’t pay? Well, the guarantees make sure that someone will pay. This means that Germany and other countries transfer the money that they saved to Greece. Will we see big demonstrations in Germany against it? I doubt it. In the meantime, EUR/USD rallies. Once again, avoiding the inevitable Greek default is good news for the common currency. Will this solve the problem? Probably not. Further reading: Greece’s Biggest Creditors Ready For Restructuring Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next Forex Daily Outlook – June 28 2011 Anat Dror 12 years Will Greece issue AAA bonds? This is a possibility discussed now. Greek bonds may carry a European Investment Bank guarantee, possibly giving it the perfect rating. With rich countries directly guaranteeing Greek bonds, there is no other way to look at it but as a TransferUnion that Germans are wary of. The current schemes for Greece, Portugal and Ireland is to throw money on them, until they balance, grow, get back on their feet and get back to the bond markets. Now they won't need to. The bonds are guaranteed under this new idea. This new proposal will allow it… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
