Should Greece be allowed to go bust?

Luke Stellini European equities product director, Invesco Perpetual   We do not believe Greece should be allowed to go bankrupt now because it is in nobody's interests, neither creditor nor debtor, German nor Greek. The ongoing process of kicking the can down the road is designed to allow conditions in the rest of the eurozone to improve to a point where it can cope better with the eventual and inevitable ‘restructuring' of Greek sovereign liabilities. The ultimate aim is to limit the risk of contagion to Spain and Italy, whose size makes them systemically critical and whose ...