Euro periphery debt breaks free of corporate credit risk

Euro periphery debt breaks free of corporate credit risk
LONDON: For the first time since the financial crisis, investors are starting to differentiate between peripheral euro zone government bonds and corporate credit, thanks to ECB support and growing confidence that Europe's debt crisis is over. The …
Read more on Economic Times

Watch the presses roll as Europe scrambles to fix its banks
There is a story playing out in Italy that teaches us much about the practical and political limits of how you resolve a debt crisis. The European strategy of resolving bank crises through orderly legal resolution processes will ultimately have to be …
Read more on Financial Times

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