The narratives about the African country’s debt crisis are being used as fodder in geopolitical battles
African governments are issuing and listing their Eurobonds on established international debt markets – usually London and Irish Stock Exchanges
At least a dozen sub-Saharan Africa countries have raised debt through sovereign bonds. The chickens are now coming home to roost.
Citigroup expects more banks in Africa’s largest economy to go to market in order to take advantage of lending opportunities.
The European Union plays on fears to keep countries such as Greece from leaving the single currency, writes Seumas Milne.
Eurobonds are being touted as a possible solution for the euro crisis. The Guardian answers a few questions about them.
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/ 21 December 2011
Positive sentiment is being driven by a new measure by the ECB to pump liquidity into the markets, analysts say.
Germany’s Angela Merkel has said the eurozone should not rest on the idea of eurobonds as the miracle remedy for the continent’s debt crisis.