Articles About Jean-Claude Juncker
- Author:
- James I. Clark III
- Posted:
- 01.23.2012
Fallout From European Credit Downgrades Still Underway
European leaders will this week try to deliver new fiscal rules and cut Greece’s onerous debt burden. All this in the wake of Standard & Poor’s (S&P) Eurozone downgrades. France was not the only Eurozone nation to feel the pain. Austria was cut to AA+ from AAA; Cyprus to BB+ from BBB; Italy to BBB+ […]
- Author:
- James I. Clark III
- Posted:
- 07.05.2011
Greece Has Worst Credit in the World – Below Pakistan and Ecuador
European finance ministers are working to resolve a quandary over how to talk banks into “voluntarily” contributing to a second Greece bailout and avoiding a destructive debt default. This attempt to rescue Greece’s finances hinges on how far banks, pension funds and insurers will accept new terms on old debts prior to repayment by Athens. […]