Home>New Developments Raise Concern about European Debt
New Developments Raise Concern about European Debt
Perspectives Content Submission
Tue, 21 Jun 2011
Developments in European sovereign debt markets have taken a significant turn recently, and the risk that the crisis could affect financial markets has increased. Greece’s financial condition has deteriorated. Greece’s finances have fallen further and further off track, and recently it has become i…
While liquidity may provide temporary relief, only debt reduction--and a creditor haircut--will put Europe back on the road to growth, says TCW's Komal Sri-Kumar.
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Morningstar director of economic analysis Bob Johnson addresses recent sluggishness in the economy and makes the case for better growth in the second half of the year.