BIS’s Caruana urges eurozone to attack root of sovereign debt problem

jaime-caruana

Jaime Caruana, general manager of the Bank for International Settlements (BIS), on Friday said eurozone governments must take steps to re-establish their 'risk-free' status to restore confidence in sovereign debt markets.

At the Bank of Portugal conference on Basel III and the new challenges in Lisbon, Caruana said markets are questioning the risk-free status of the debt issued by an increasing number of governments worldwide, and that the morphing of sovereign debt from a risk-free to a credit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: