“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:
Bulgarian Pres. Blames 'Lack Of Faith In Institutions' For Bank Runs
With the stroke of a pen, 31 million more Americans have hypertension
Two pints of beer better for pain relief than Tylenol: study
Ex-OMB Official: The Military’s ‘Readiness’ Scam Worked Again
Ireland Lobbies to Have Europe Share Banking Risk
FDA launches inquiry about Merck drug Zilmax in cattle feed
Bitcoin Ban Expands Across Credit Cards as Big U.S. Banks Recoil
Bitcoin Startup 21 Unveils Plan For Embeddable Mining Chips
Snooping Fears: German Firms Race to Shield Secrets
San Francisco's Dumb Ban on Bottled Water
Delta and Virgin Atlantic venture gets tentative immunity from antitrust laws
S. Korea, U.S. practice occupying N. Korea
Merger mania returns to 2007 levels
American Character Is at Stake
Egypt fears run on its banks as it imposes limit on amount people can withdraw