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Results tagged with financial-crisis
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user 324
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics.
2
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1
answer
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Did the Greek government take on private debt?
According to the latest figures the Greek government owes around 180% of GDP to various institutions and banks. Does anyone know if the Greek government converted any major private debt since the ban …
- 333
7
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3
answers
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Democratic governments seizing financial assets during financial crisis?
I was reading about the Greek haircut last year when the EU along with the Greek government forced bond holders to accept a 75% haircut on their assets. I remember Germany doing something similar at …
- 333