The ink is still wet on the Greek referendum ballot papers and another corner has been turned in the battle between Greece and its creditors. The ‘No’ vote heightens the issues that sit at the heart of the Eurozone project and takes Greece further down the road to leaving the euro than we have ever been before.
With the dust settled, hard decisions must be made to ensure that the fragile global economy is not mortally wounded by a self-imposed political wound. This briefing note takes a look at:
- Chances of a bailout
- Timelines and deadlines
- Will we see debt relief?
- Market reactions