Article preview: Did the European sovereign debt crisis ever really disappear, or did the European Union simply kick the can down the road? With rising levels of sovereign debt across Europe, to support coronavirus relief efforts and stabilise the economy, members of the single currency face difficult questions about their public finances. According to a new report in The Telegraph, eurozone countries face the prospect of the Italian government on the brink and its debt mountain rising, with bond markets nervous about the future.
European sovereign debt crisis rears its ugly head
This 539-word blog post looks a potential sovereign debt crisis reemergence in Europe as debt levels in some countries vastly exceed previous European Union fiscal rules. Written on 14th January 2021.
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