'Idiosyncratic' Greece must find its feet

Greece is not yet back on its feet, but sooner or later it will need to return to the markets against the backdrop of a euro-area slowdown, even though this country is an "idiosyncratic" case, PIMCO's eurozone expert Nicola Mai tells Kathimerini English Edition.

PIMCO, one of the world's largest investment management firms, is anticipating a year of political uncertainties and a slowdown in international growth, according to the global economic outlook it has shared with Kathimerini.

"We believe the global economy is past peak growth in the cycle, central bank support continues to be reduced and political risk looms large across countries. These trends support our relatively cautious positioning and intense focus on liquid assets, which will allow us to respond either to specific opportunities or generic spread widening and higher volatility," the PIMCO analysts note in...

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