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IN December 2011 the European debt contagion began to spread from second-tier members of the Eurozone to more highly regarded economies such as Italy, Austria and the Netherlands. In late October-early November of 2011, the Chief Executive Officer of the European Financial Stability Facility (EFSF) Klaus Regling and President of the International Monetary Fund
IN December 2011 the European debt contagion began to spread from second-tier members of the Eurozone to more highly priced economies such as Italy, Austria and the Netherlands. In late October-early November of 2011, the Chief Executive Officer of the European Financial Stability Facility (EFSF) Klaus Regling and President of the International Monetary Fund