While researching for news on the Greek drama this morning I came across this analysis from an ING analyst.
Obviously he does not see a default from the Greek government, in the short term. Good news for him and his bank I would add.
Now, here is my question: where can I find the analyst that will enlighten me about ING’s default probabilities on the back of their investments in Greek bonds (and not only)? ING share prices have fallen 42% this year since their high of 9.5 EURO/share to 4.48 EURO/share today.