The European Debt Crisis - Part 3
06.01.2011By: Satyajit Das
A continuation of the European debt problems would severely disrupt financial markets. Losses would create concerns about the solvency of European banks. In a repeat of the events of September 2008, money markets could seize up, as trust about the ability of parties to perform contracts evaporated.
The European Debt Crisis - Part 2
05.01.2011By: Satyajit Das
In the second part of the series, the author argues that in the absence of permanent support mechanisms, default or restructuring are the likely end game.
The European Debt Crisis – Part 1
04.01.2011By: Satyajit Das
This is a first of a three-part series on the origins of the eurozone debt crisis.
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