Sovereign solvency risk and financial stability
Posted on 31. jan, 2010 by Jean Jacques Ohana in Weekly Focus
Since the banking system collapsed in September 2008, private and corporate debts have been replaced by public debt. Since then, sovereign solvency risk has become investors’ major concern, provoking successive dramatic surges in government interest rates: Greece, Portugal and Spain… After the latter countries, which country will be next to be downgraded? The risk concerns [...]
Tag Archives: Insurers
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