Bad Greek debt must be cleared for growth to start

The legacy of the housing market collapse is many homeowners holding significant negative equity

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In this article

  • Banking consolidation
  • Debt overhang
  • Liquidated banks
  • Active banks
  • Roots of problem
  • Can't pay...
  • ... won't pay
  • Creditors' concerns
  • Legislation needed

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.