January 25, 2010 Greece Sells 8 Billion Euros in Notes After Offering Premium Greece sold 8 billion euros ($11.3 billion) of five-year notes at a premium to ensure the county’s first bond issue since being downgraded was a success. Europe’s...Read more »
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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.
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