European Debt Crisis, Implications for Corporates
As New Year 2012 commences the European debt crisis rumbles on, in turn causing economic uncertainty and financial market volatility globally. With no easy or immediate solution in sight this is likely to have sustained implications for the corporate sector. Debt Mountain To understand the root cause of this latest crisis one need look no further than the structure of the capital markets. Global debt levels have increased disproportionately relative to economic activity and o