January 8, 2009 New Greek Economy Minister Vows Tighter Rein on Public Spending Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight...Read more »
Posted in austerity, bailouts, bonds, budgets, debt, economics, euro, European Union (EU), Greece, Politics| 0 Comments
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Financial markets are on the edge as investors await a solution to the European debt crisis. This blog examines the banks that hold billions of euros worth of Greek, Italian, and other sovereign debt; the governments that must pay off or refinance that debt; and the implications for the worldwide financial system if they can't.
Analyses or commentary in this blog are the views of the author and or commentators, and do not necessarily reflect the views of Bloomberg News.