Greece continues to vigorously deny allegations that they are preparing to default if they cannot reach a deal with their debtors. Today, S&P downgraded Greece’s bonds to junk status, prompting even more ministers to opine on the negotiations. “Given the we have lost a lot of time, I am skeptical,” said Peter Kazimir, Slovakia’s Finance Minister. “Greece is moving ever closer to the abyss.”
This is all while, as we showed yesterday, that the Eurozone Crisis is still far from over.
The European Debt Crisis Visualized
Warren Buffett: If You Own A Good Business, Keep It
Buying private businesses is easier than acquiring public firms, and investors should avoid selling good investments at all costs, according to the Oracle of Omaha, Warren Buffett. Q2 2020 hedge fund letters, conferences and more In an interview with CNBC in March 2013, Buffett was asked if he was looking at any businesses, in particular, Read More