After the earthquake come the aftershocks. That is a law of geophysics, and now apparently of economics. Well over a year ago, the world economy suffered a massive economic quake of 8.0 on the Richter scale. Since then different countries have been experiencing a number of aftershocks. Two aftershocks have grabbed headlines, one recently in [...]
The Greek Aftershock – Will it Make or Break Europe?
19/02/2010 by Steven Hill
Filed Under: Columns, Economic Policy, European Union Tagged With: bond markets, California, default, deficit, euro, eurosceptics, Eurozone, export nations, fiscal crisis, France, Germany, Greece, Lisbon Treaty, Maastricht Treaty, Obama administration, Portugal, Schwarzenegger, social safety net, Spain, Steven Hill, Tommaso Padoa Schioppa