Posts Tagged ‘debt

Pri pou refinsan det Ewopeyen an

December 4th, 2010

The EU rode to Ireland’s rescue the other day, as expected, putting together an €85 billion ($113 milya ^) bailout package. The move, Sepandan, did little to dispel the belief that other countries, such as Portugal and Spain, will eventually need assistance before long as well. The euro continued to slide, bond yields have risen further, sovereign credit default swaps (which are insurance against bankruptcy) have climbed to record levels and stocks remain under pressure. » Read more: Pri pou refinsan det Ewopeyen an