Tag "debt to GDP"
Will EU budget rule-breaking become a norm?
This month the European Commission published its assessments of the draft budgetary plans of Eurozone member states for the year 2016. They have already prompted rebukes from EU member states
Could Asia’s debt torpedo growth?
Debt-to-GDP ratios have built up rapidly across Asia and may start impeding growth. Even more worrisome than the absolute levels of debt is the pace of the increase. While the
China’s mortgages pose risk to financial system
Zero-down payment mortgages in China suggest an increasingly risky Chinese financial system, with symptoms similar to those seen leading up to the U.S. credit crisis. Home buyers all over China, from Guangzhou and
Will Greece have to ask for additional debt relief?
Greece’s debt-to-GDP continues to rise and is now at 175 percent. Simply put, the Euro has proven too expensive for Greece. Like Sisyphus pushing the boulder up the mountain, in
