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European debt crisis_where it gonna take the entire world

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Chartered Accountant

[ Scorecard : 922]
Posted On 11 May 2012 at 22:31 Report Abuse

 

The European sovereign debt crisis is an ongoing financial crisis that has made it difficult or impossible for some countries in the euro area to re-finance their government debt without the assistance of third parties.

From late 2009, fears of a sovereign debt crisis developed among investors as a result of the rising government debt levels around the world together with a wave of downgrading of government debt in some European states.

http://casanjeevjain.blogspot.in/2012/05/european-debt-crisiswhere-it-gonna-take.html

 



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