sovereign debt

First Greece, Now Spain?

At the end of 2011, the Long-Term Refinancing Operation (LTRO) brought a modicum of stability to financial markets in Europe. When coupled with the “orderly” default of Greece, the situation…

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Italy – The Eurozone’s Latest Headache

Yesterday, the global markets experienced a dynamic sell-off and you should know why.  This time it’s Italy. To explain what’s going on, let’s relate this whole situation to your home…

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