The Eurozone breakup debate: Uncertainty still reigns

Jens Nordvig 06 November 2012

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The debate about a Eurozone breakup is evolving. In the spring of 2012, political tension in Greece meant that the debate focused on ‘Grexit’. In the summer of this year, the focus shifted to Spain’s funding difficulties, especially the redenomination risk on Spanish assets. Then the ECB stepped in. Its Outright Monetary Transactions programme has since reduced sovereign funding costs in the periphery.

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Topics:  EU policies Europe's nations and regions Financial markets Politics and economics

Tags:  Greece, Eurozone crisis, Finland, breakup

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