| 10.08.2009 Opalesque Exclusive: External debt rates of G7 decrease due to lower bank lending levels, but protectionism is unlikely with success of IMF credit program for emerging markets |
| From Kirsten Bischoff, Opalesque New York: External debt of the G7 countries peaked in 2008, with many of these economies at extreme risk of collapse. The trouble in Iceland (which had a debt to GDP ratio of more than 900%) served as a loud warning to Ireland (750% in Q109), the United Kingdom (336% in Q109), the Netherlands, the US and others. Hedge fund advisory Hennessee Group re |
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