Greece lines up Rothschild for debt advisory role as bankruptcy looms

Replaces Lazard

Daniel Flynn
clock • 1 min read

Greece is reportedly planning to hire Rothschild as its debt adviser, replacing current adviser Lazard in the role, as it attempts to end a long-running stand off with creditors.

According to the Financial Times, government officials in Greece hope to finalise the appointment before a gathering of euro-area finance ministers on 20 February. Unless Greece receives fresh funds it will not be able to make €7bn of debt payments due this July, including €2.1bn to private sector creditors. In the role, Rothschild will reportedly advise the country on negotiations with creditors, potential inclusion in the European Central Bank's bond-buying programme, and the sale of Greek government bonds. The deal would replace the Greek government's current deal with Lazard, w...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Investment Week unveils FMYA finalists for Technology and Marketing & PR categories

Investment Week unveils FMYA finalists for Technology and Marketing & PR categories

Ceremony on 19 June

Investment Week
clock 12 May 2025 • 1 min read
Partner Insight - Robeco Global Stars: Targeting alpha with high conviction

Partner Insight - Robeco Global Stars: Targeting alpha with high conviction

Robeco
clock 12 May 2025 • 5 min read
Trium Capital's Donald Pepper: Tariff tide reveals those swimming uncorrelated

Trium Capital's Donald Pepper: Tariff tide reveals those swimming uncorrelated

'Conventional diversification no longer provides adequate protection'

Donald Pepper
clock 30 April 2025 • 4 min read
Trustpilot