Investors in eurozone bond markets stand accused of letting ‘animal spirits’ affect their judgment on the risk of a European debt default, creating a situation where financial markets could force weaker countries into excessive budget cutting
Financial Times - US homepage, Financial Times
Sun, 10/10/2010 - 1:39pm
Investors in eurozone bond markets stand accused of letting ‘animal spirits’ affect their judgment on the risk of a European debt default, creating a situation where financial markets could force weaker countries into excessive budget cutting