27/04/2010 Greek bonds downgraded to junk amid debt crises
The Greek Debt Crisis Explained in Four Minutes
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Understanding the Financial Crisis in Greece
THE GREEK DEBT CRISIS EXPLAINED - Andreas Antonopoulos
After the publication of GDP data which showed an intermittent period of recession, credit rating agencies downgraded Greek bonds to junk status. This froze private capital markets and put Greece in danger of sovereign default without a bailout.
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