Before the Greek Debt Crisis, the Greek government signed a currency swap with Goldman Sachs, which...

Before the Greek Debt Crisis, the Greek government signed a currency swap with Goldman Sachs, which ensured the entrance of Greece to the Euro zone. Please describe the details of the currency swap and also its role in the crisis. Beside the currency swap, Goldman also designed credit default swap and also index funds with the Greek government bond as underlying assets, please also describe the details of these derivatives as well as their role in the debt crisis. Make sure to use references.

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ekkarill92 answered 2 years ago

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Before the Greek Debt Crisis, the Greek government signed a currency swap with Goldman Sachs, which...

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