Is the End Near for the Eurozone?
Subido
hace 8 meses
(14/09/2011) en
Negocios y sectores
por Wharton University
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Warning signs are flashing red. Bond markets are projecting a 98% chance of default on Greece's debt. Stock pr... ices for French banks, heavily invested in that debt, have plunged 10% in recent days. Has the European debt crisis hit the breaking point, with Greece -- and perhaps others -- soon to exit the eurozone? Or, will officials once more cobble together new agreements that keep Greece in the club and prevent a huge contagion effect likely to cripple an already slowing global economy? Wharton finance professors Franklin Allen and Bulent Gultekin offer their insight.
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