Nikolaos Panigirtzoglou

Greek insurance payout still seen despite "No" vote

LONDON (Reuters) - Greece has not yet triggered payment on controversial bond insurance contracts but market participants still expect Athens' efforts to reduce its debt burden to prompt an eventual payout on credit default swaps.
 

Investors cue up Portugal as the next Greece

LONDON (Reuters) - Investors are betting that after cap-in-hand Greece comes Portugal, selling off its stocks and bonds in the belief that the euro zone laggard cannot avoid a default without a second bailout.
 

Analysis: More euro zone banks risk money markets freeze

LONDON (Reuters) - Even the safest euro zone banks could start queuing up at the European Central Bank for cash in the next few months as their massive exposure to government debt freezes them out of money markets.