Allianz SE : El-Erian says implementing Greek debt deal will be 'messy' - CNBC

NEW YORK (Reuters) - Mohamed El-Erian, chief economic adviser at Allianz SE, said Monday that investors should brace for a "messy" implementation of Greece's debt deal.

"We should welcome and be relieved in relative terms, but markets should be prepared for...an uncertain and messy implementation process," El-Erian told cable television network CNBC.

Euro zone leaders made Greece surrender much of its sovereignty to outside supervision on Monday in return for agreeing to talks on an 86 billion euros bailout to keep the near-bankrupt country in the single currency.

(Reporting by Sam Forgione)

Valeurs citées dans l'article : SAM, MADE, Allianz SE