辞洋HA114.NET

The Europeans have been trying to manage the sovereign debt crisis for over a year now with only marginal success.

In short, Europe needs the markets to get it out of this hole, because they are where the money is.

But he said Israel must be cautious about public spending in the wake of the U. S. debt crisis.

Since the beginning of Europe's sovereign debt crisis, China has repeatedly expressed its wish to offer "a helping hand" to Europe.

She said that the US and Japan had debt concerns as well and that the sovereign debt crisis threatened an already fragile recovery.

EVER since Greece plunged into a sovereign-debt crisis in 2009, investors have focused on which European country might be next.

Doubt about Europe's ability to contain the debt crisis has once more sent markets into a spin and put Italy firmly in the firing line.

Jitters about whether the emergency loan package would be enough to stem the euro zone's sovereign debt crisis also hammered Spanish stocks.

The euro continued to be buffeted by uncertainty about a resolution to the Greek debt crisis.