Posts Tagged ‘debt

The Cost Of Refinancing European Debt

December 4th, 2010

The EU rode to Ireland’s rescue the other day, as expected, putting together an €85 billion ($113 亿元) bailout package. The move, 然而, 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. » 阅读更多: The Cost Of Refinancing European Debt