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Germany's latest strategy for resolving the euro crisis has been emerging over the past few days. It will stand its first test tomorrow when euro-area finance ministers gather in...
On the same day that German Chancellor Angela Merkel again swatted down the idea of issuing joint euro bonds to help ease sovereign debt in peripheral euro zone nations,...
Financial markets are on the edge as investors await a solution to the European debt crisis. This blog examines the banks that hold billions of euros worth of Greek, Italian, and other sovereign debt; the governments that must pay off or refinance that debt; and the implications for the worldwide financial system if they can't.
Analyses or commentary in this blog are the views of the author and or commentators, and do not necessarily reflect the views of Bloomberg News.