What tragedy? Hedge funds look to score on Greek recovery
Greece is once again a bet reserved for the bravest of investors.
After two years of relative calm, the election of the anti-austerity Syriza party in late January caused renewed volatility in local stock and bond markets. New Greek leaders are negotiating with European officials to restructure their bailout package—as the European Central Bank on Wednesday reportedly provided an emergency $78 billion loan to Greek banks. There’s even the possibility of Greece leaving the European Union, a so-called Grexit that could have ripple effects across the Continent.Περισσότερα