Investors face defaults on government bonds given burden of ageing populations; Ireland’s debt to government revenue ratio high but lower than US
Aug 27th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Investors face defaults on government bonds given the burden of ageing populations and the challenge of increasing tax revenue, according to a Morgan Stanley executive director based in London. Ireland's debt to government revenue ratio is high but lower than US.