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Greek debt restructuring would deepen crisis: Ben May

Ben May, Economist at Capital Economics, Europe, in an interview with CNBC-TV18's Menaka Doshi said that in a bid to save the banking system, the Eurozone government would prefer to delay restructuring of Greek debt for a while.

May 11, 2011 / 16:13 IST
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Greece has been dealing with an issue of inevitable restructuring of debt. Analysts, however, believe that debt restructuring measures would create adverse impact on the banking system there and further deepen the crisis instead of resolving it.

Ben May, Economist at Capital Economics, Europe, in an interview with CNBC-TV18
TAGS: #Ben May #Capital Economics #EFSF #Europe #European banking system #European rescue fund #Eurozone government #Greece debt restructuring #Greek debt #World News
first published: May 11, 2011 12:16 pm

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