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The euro zone's debt crisis: The cracks spread and widen
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 395 no. 8680 (May 2010)
,
page 65.
Topik:
Greece
;
Debt Crisis
;
Euro Zone
;
Assets
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.60
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
AFTER simmering for months, the Greek sovereign-debt crisis has boiled over. The promise of a rescue by the IMF and the country’s euro-zone partners, worth €45 billion ($60 billion) or more, is no longer enough to persuade many private investors to hold Greek public bonds. Opposition to the bail-out in Germany meant that market confidence had all but vanished by April 27th, when Standard and Poor’s (S&P) slashed its rating of Greek government bonds to BB+, just below investment grade. The rating agency also lowered its rating on Portugal, to A-; a day later it downgraded Spain from AA+ to AA.
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