fiscal – Page 27 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Chart of the day: Euro nations with largest deterioration in fiscal situation

Full Text: Moody’s: Euro Area Sovereigns Remain Under Pressure In Absence of Decisive Initiatives

A Deep Seated Hostility Towards European Construction?

Three Key Developments

Full Text: Statement by the Euro Area Heads of State or Government on Fiscal Integration

The Rotten Heart of Europe

Full text: Letter from Angela Merkel and Nicloas Sarkozy on the European debt crisis

S&P plays spoiler in the Euro crisis

Buiter: no politically feasible route to sustained growth for many years to come

Italian minister breaks down in tears over austerity budget