Anders Borg Predicts Greek Default

Anders Borg, finance minister of Sweden, today predicts that the attempts to save Greece from bankruptcy probably will fail.In an interview with Swedish Broadcasting to be aired Thursday morning, Mr Borg says:“The most probable outcome is that you end up with some kind of default in Greece”. In an English version of the interview he says: “Obviously there is a big risk that Greece in the end of the day will be going into some kind of default situation”. According to Anders Borg, the risk of default is obvious, even if Greece gets an extension of the time frames agreed in the