{"id":592952,"date":"2023-10-02T16:00:00","date_gmt":"2023-10-02T13:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/is-italy-headed-for-a-debt-crisis\/"},"modified":"2023-10-02T16:00:00","modified_gmt":"2023-10-02T13:00:00","slug":"is-italy-headed-for-a-debt-crisis","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/is-italy-headed-for-a-debt-crisis\/","title":{"rendered":"#Is Italy headed for a debt crisis?\u00a0"},"content":{"rendered":"

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Markets have not distinguished themselves in anticipating European economic crises. In late 2009, on the eve of the Greek sovereign debt crisis, Greek government bonds traded with a yield that was barely above that of German government bonds. A year later, the Greek sovereign debt crisis<\/a> shook U.S. and world financial markets and Greece eventually defaulted on its loans. That was then the largest sovereign debt default on record. \u00a0<\/p>\n

Judging by the relative calm in the Italian sovereign debt market, one wonders whether the market is making a similar mistake.\u00a0<\/p>\n