Swaps May Have Masked Greece’s Debt

11 Feb 2010

The Greek government may have covered up the true extent of its deficit by using cross currency swaps to circumvent the European Union’s and Maastricht rules on the matter.

The Greek government may have covered up the true extent of its deficit by using cross currency swaps to circumvent the European Union’s and Maastricht rules on the matter. Under Maastricht, a government cannot exceed a budget deficit limit of 3% of gross domestic product and government debt ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data