According to foreign media reports, the London sovereign analyst for Fitch Parker said yesterday that even if the private sector agreed to voluntarily reduce the debt note of Greece World Steel Pipe News , the Greek debt default will eventually occur. At present, Greece is no longer insolvent, the worst outcome is disorderly breach of contract occurred.
Standard & Poor's European director of sovereign ratings Kramer had also said that eurozone leaders have been not solve the fundamental problem, Greece and the creditor has almost run out of debt negotiations, Greece is also about to defaultWorld Steel Pipe .