Saunderson House: The situation in Greece

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30 June 2015

Saunderson House200The Greek debt crisis deteriorated further at the weekend. Not only did talks between Greece and its creditors break down without agreement but the Greek government also announced a referendum (to be held on Sunday 5 July) to consult the electorate on whether to accept the bailout terms offered by the EU.
This step effectively ended all negotiations as the Greek government is no longer in a position to sign any agreement in advance of the referendum results.
See Saunderson House’s investment bulletin here.

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