Chart of the day: Exposures to Greece, Ireland, Portugal and Spain

By Edward Harrison On Jun 17, 2010

I am going through the BIS Quarterly Review that just came out and it is packed with useful information about the global economy. With regard to the sovereign debt crisis, I found the following chart a good one for getting a feel for the exposure to the crisis-ridden countries of the Eurozone. Notice how Ireland is considered in this analysis and Italy is not.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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5 Comments

ronanlyons says 15 years ago

The only way this chart could have Ireland and Spain on similar axes is if it includes IFSC debt, which has to be as a drawback for the chart (cf. https://www.ronanlyons.com/2010/05/11/untangling-europes-web-of-debt/). International financial obligations may certainly “count” in grand totals but they are not covered by government guarantee nor would Depfa, StateStreet or Fidelity et al ever expect the Irish government to be a first port of call in a crisis.

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