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Everyday: Euro zone government debt given ‘negative’ outlook by Moody’s


#1

Euro zone government debt given ‘negative’ outlook by Moody’s

““Many euro area sovereigns — specifically Belgium, Cyprus, France, Greece, Italy, Portugal, and Spain — have debt ratios around 100% of GDP (or significantly higher in some cases), which is unprecedented for the last few decades and significantly constrains their ability to use fiscal policy to cushion a sharp slowdown in growth,” Moody’s report said.”"


#2

Cracks are becoming more visible everyday…Subsidence is imminent imho