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Bailout

: Calculated Risk

More Europe: Portugal, Belgian and Spain

By Anonymous

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Three articles from the Financial Times (excerpts with permission):

? Concerns over Belgian debt levels grow
[Belgian] 10-year debt yields rose 12 basis points to 4.24 per cent ... Belgium now pays a 1.4 percentage point premium, or spread, over benchmark German paper, the highest since January 2009.
? ECB intervenes as debt crisis deepens

? And a commentary: Europe must look beyond Portugal
Repeatedly having one?s hand forced by markets is no way to manage financial turmoil. Madrid and the eurozone must prepare for a bond strike against Spain before one happens.

Full post as published by Calculated Risk on January 10, 2011 (boomark / email).

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