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- Source :
-
Economist . 1/15/2011, Vol. 398 Issue 8716, p77-78. 2p. 1 Color Photograph, 1 Chart. - Publication Year :
- 2011
-
Abstract
- The article examines a financial crisis in the euro area monetary union of European Union (EU) countries related to public debts and government securities. A fund created by the euro area countries and the International Monetary Fund to provide short-term economic assistance to allow countries to cover payments on public debt has failed to prevent a continued decline in prices of government securities. The possibility of debt restructuring for some EU countries is discussed.
Details
- Language :
- English
- ISSN :
- 00130613
- Volume :
- 398
- Issue :
- 8716
- Database :
- Academic Search Index
- Journal :
- Economist
- Publication Type :
- Periodical
- Accession number :
- 57393936