As the talks with Greeks creditors continues investor sentiment has fallen as euro zone finance ministers rejected private creditors demands for a 4 percent coupon on new, longer-dated bonds expected be issued in exchange for existing Greek holdings.
If a resolution, on Greece’s debt, is not reached by March, when Greece must repay 14.5 billion euros of maturing debt, it could result in a disorderly default which could herald a negative impact on the wider, Global, economy.
