Marketplace:
Eurozone members wary of buying other countries' bonds
2 October 2012
Today, many French and German banks have cut the amount of debt they hold from troubled euro zone countries by half. And practically the only buyers of Spanish debt are Spanish banks. Ditto for Italy. Not only does that make borrowing more expensive, the fear is that -- like any relationship -- a separation of the eurozone's finances could make it easier for the euro to break up completely...
Related links
Francesco Caselli webpage
Macro Programme webpage