As Yields Tank, HSBC Warns Greece Needs More Debt Relief

Greece is turning itself around, according to experts and credit markets, but is everything fixed yet?

How does #Greece, a country with a Non-IG credit rating, Debt to GDP of almost 180%, 21% unemployment and a teetering pension system have a yield lower than the US? 3 Years ago they were just being bailed out pic.twitter.com/9i8BmtsJiJ

— Billy Cook (@BCookResearch) January 4, 2018

After a string of highly public disagreements with European authorities and following a parade of finance ministers – Greece went through nine such finance ministers during the last eight years of its debt crisis – fortunes could finally be changing. The Medeterian nation could exit its bailout program...