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The Bond Vigilantes Who Left Greece in Ruins.

Authors :
Coy, Peter
Petrakis, Maria
Weeks, Natalie
O'Donnell, Svenja
Tweed, David
Reed, Stanley
Matlack, Carol
Source :
BusinessWeek; 2/22/2010, Issue 4167, p18-21, 4p
Publication Year :
2010

Abstract

The article discusses Greece's astronomical debt and the potential impact on the European Union (EU) and the euro. Striking labor unions have challenged the austerity plan of of Prime Minister George Papandreou and have closed schools, hospitals and air travel. It explains how bond-market vigilantes created the situation, how Greece needs outside help to avoid default, and whether or not the EU will come to its aid.

Details

Language :
English
ISSN :
00077135
Issue :
4167
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
48067467