Tagged: Italy

Who owns how much debt in Europe!!

Here is an extract from NYT which lots about the exposure of banks to Italian Debt: "European banks have total claims and potential exposures of 998.7 billion euros to Italy, more than six times...

Affect of Portugal downgrade is here!!

This was evident and had to happen. As Moody’s downgraded Portugal to Ba2 status which means that the government bonds of Portugal are now in Junk category, the 10-Year yield of Portugal government bonds...

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