The economy has contracted by more than 25% since the peak of the pre-crisis ... reason the return is relatively attractive is that there is still some risk associated with buying Greek government ...
Greek but also other European (and especially German and French) banks were heavily exposed to this debt. This private banking bubble burst in 2009, but was presented as a public debt crisis, as the ...
A wakeup call for Greece and the euro. WSJ's Andy Jordan and Joe Parkinson report from Athens on the threat of a potentially contagious debt crisis and the moral hazard of bailing out a country ...
When it comes to economic performance, few prime ministers or presidents would welcome comparison with Greece ... dating from the country’s debt crisis in 2011. By the pandemic, its debt ...
The rout in French government bonds has pushed the nation’s borrowing costs to levels akin to those of Greece — a nation that 15 years ago was ground zero for the European debt crisis.