Germany’s incoming leader Friedrich Merz quickly passed a massive fiscal package, representing a seismic shift for the ...

Banks in Europe, the US and Britain also came under extreme pressure and the GFC contributed to the euro zone sovereign debt crisis.

"In the first episode, USD/CHF bottomed at 0.7071 in August 2011. SNB targeted EUR/CHF, which was falling towards 1.00 in ...

Meanwhile, advanced economy banks’ exposure to their own government debt has begun to increase across the board after the global financial crisis, strengthening sovereign-bank linkages. In light of ...

Harriet joined the Journal in Frankfurt in 2010 as a financial reporter, before moving to Berlin to cover the German government and economy during the eurozone sovereign debt crisis. The gross ...

The IMF noted that government debts have already risen to 93pc of global GDP, up from 78pc a decade ago, risking “elevated ...

an economic and financial crisis. The eventual impact on growth, inflation, public debt, external credit metrics and thus sovereign credit ratings, will ultimately depend on the macroeconomic ...