European policymakers have been trying to get a handle on the sovereign debt crisis for almost two years, holding summit after summit to little avail. Was the 14th time a…
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Posted in Global Economy
Tagged Europe debt crisis, European Union, Eurozone, Greece, Italy
The specter of Hurricane Katrina haunted government officials along the eastern seaboard. Wide-ranging precautionary measures were put in place but in the end Hurricane Irene simply didn’t pack that large…
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Posted in Global Economy
Tagged bonds, debt, European Central Bank, Eurozone, financial crisis, Greece, investors, Italy, Spain