Journal Article

European sovereign debt remains largely a European problem

Abstract: The rapidly mounting debts of the governments of Greece and other European countries caught policymakers off guard earlier this year and caused a panic in the markets. But a review of who holds the debt of these countries shows that any contagion risk should be confined to Europe.

Keywords: European Union; Debt; Financial crises;

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2010

Issue: Oct

Pages: 4-5