Betting on Default Hedge Funds Speculate on Greek Debt

Greece's debt problems are attracting hedge funds which are betting that the country will default. Meanwhile a leading German economist has argued that the European Central Bank should allow inflation to rise in a bid to avoid a costly and unpopular bailout for Greece.
Greek farmers protest in front of the parliament in Athens on Jan. 25: Greece is desperately looking for a way out of its debt crisis.

Greek farmers protest in front of the parliament in Athens on Jan. 25: Greece is desperately looking for a way out of its debt crisis.

Foto: YIORGOS KARAHALIS/ REUTERS
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