“With its banking sector, including the country’s largest and state-owned lender Novo Ljubljanska Banka, saddled by heavy debts, Slovenia has stoked concerns it may have to seek an international bailout as yields for its bonds recently soared above 7%, a level seen as unsustainable by some other euro-zone members. All three major credit-rating agencies have recently downgraded Slovenian debt on concerns about the country’s fiscal outlook and amid fears the euro zone’s leaders are losing their battle to contain the debt and fiscal crises.”
http://online.wsj.com/article/BT-CO-20120910-706438.html
Related posts:
Concern over NSA privacy violations unites Democrats and Republicans, poll finds
Local credit union tries on being banker to the pot industry
It's back with a vengeance: Private debt
New Zealand becomes home to global tech industry
NYTimes: Loathing The Feds in the Ranchlands of Oregon
Cop who allegedly torched captain's home faces 17 new charges
Woman, clinically dead for 42-minutes, brought back to life by Australian doctors
Meet the Weeds That Monsanto Can't Beat
China bubble in 'danger zone' warns Bank of Japan
Uber ruling may reverberate through Silicon Valley
Obama to demand gun control measures while surrounded by children
When Deportation Is a Death Sentence
Why Google's Waze Is Trading User Data With Local Governments
Billionaire Soros Cuts U.S. Stocks by 37%, Buys Gold Miner Barrick
Jim Bovard: The great farm robbery