Institutional Investor (September Issue)
2010/ 09/ 16 by jd in Global News
Four months ago, a sovereign-debt crisis threatened the euro. Today, there is “growing confidence that the region has pulled itself back from the brink.” Institutional Investor points out “crisis eased is far from crisis resolved.” Though the outcome has been better than expected, the euro region still lacks consensus on a mechanism to avoid a future crisis. “The debt crisis has yet to spark the life-altering transformation that the euro area needs.”
Tags: Crisis, euro, Sovereign debt
