Quotes & Sayings About Sovereign Debt

Euro currency to dissolve due to sovereign debt crisis," the talking heads grimly proclaimed. — L. Todd Wood

I don't want to drive the markets crazy. I don't want to create trouble, but rather order and rules and norms. We have to struggle against financial excesses, those who speculate with sovereign debt, those who develop financial products which have done so much harm. — Francois Hollande

The moment a large investor doesn't believe a government will pay back its debt when it says it will, a crisis of confidence could develop. Investors have scant patience for the years of good governance - politically fraught fiscal restructuring, austerity and debt rescheduling - it takes to defuse a sovereign-debt crisis. — Andrew Ross Sorkin

Spain is finding it very difficult to finance itself with sovereign debt risk premium so high. — Mariano Rajoy

Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget. — Matt Taibbi

There was a real fear that a euro-zone bank might fail, that we'd have a sovereign debt problem in one of the larger European economies. That's dissipated, thanks largely to the action of the European Central Bank. — George Osborne

One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt. — Abdul Aziz Al Ghurair

Comparing your family budget to the sovereign debt of the United States is a little like comparing two kindergartners tossing a paper airplane to the Apollo 11 mission. — Matt Taibbi

But sovereign debt is a wider question not only in Europe but across the globe. While every country is a unique case, I think it's not an issue of countries acting on their own. We need a more coordinated strategy not only in Europe but around the world. — George Papandreou

The world is beset by challenges including the ongoing danger of international terrorism, and the significant political and economic threats posed by factors such as the high levels of corporate and sovereign debt and persistent unemployment. — Dan Quayle