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Posts related to ‘sovereign dbet’

Contagion Redux: Moody’s Downgrades Portugal Too Late

Moody's downgraded  Portugal's government bond ratings two notches to A1 from Aa2. The outlook for the debt was listed as stable. Oddly enough, the stock indexes in the region did ...
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Greece Finally Gets Unanimity For Financial Backing, Maybe

German Chancellor Angela Merkel and French President Nicolas Sarkozy have finally decided, after bilateral talks, to allow the IMF to join any bailout of Greece. Dow Jones Newswires reports "The ...
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